M&M December Sales Soar Domestically, Exports Plummet; XUV 3XO EV Launched

Business
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Moneycontrol•10-01-2026, 12:38
M&M December Sales Soar Domestically, Exports Plummet; XUV 3XO EV Launched
- •Mahindra & Mahindra (M&M) reported a 27% year-on-year increase in total sales volume for December 2025, reaching 85,501 units.
- •Total production volume also saw a significant rise of 25.4%, from 55,015 units to 68,992 units.
- •Despite domestic growth, M&M's exports sharply declined by 9.3% in December, falling to 2,849 units.
- •M&M introduced the electric variant of its popular XUV 3XO on January 6, featuring a 39.4 kWh battery with a 285 km range.
- •M&M shares surged 62.68% in 9 months, reaching a record high of ₹3840.00 on January 5, 2026, with analysts largely recommending 'buy'.
Why It Matters: M&M saw strong domestic sales and production growth in December but faced a sharp decline in exports.
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