The company’s cargo vehicle sales surged 31% YoY to 500 units in January 2026, compared with 383 units in January 2025.

Passenger vehicle sales rose 30% to 837 units in January 2026 as against 642 units in January 2025.

SML Mahindra (formerly known as SML Isuzu) is primarily engaged in the business of the manufacture and sale of commercial vehicles and their parts.

The company’s standalone net profit declined 3.44% to Rs 21.05 crore, while revenue from operations rose 0.98% to Rs 555.11 crore in Q2 FY26, compared to Q2 FY25.