Mahindra & Mahindra December Sales Soar 27%, Production Up 25%; Exports Dip

• Mahindra & Mahindra reported a 27% year-on-year increase in total sales volume, reaching 85,501 units in December.
• Total production volume also saw a significant rise of 25.4% year-on-year, totaling 68,992 units.
• In contrast, total export volumes declined by 9.3% year-on-year to 2,849 units.
• The company recently unveiled electric variants of its XUV 3XO, featuring a 39.4 kWh battery and a 285 km range.
• The addition of the electric XUV 3XO was driven by strong customer demand for an EV option in the popular SUV lineup.

Why It Matters: Mahindra & Mahindra saw robust domestic sales and production growth in December, despite a dip in exports.