Mahindra & Mahindra is moving swiftly to boost its vehicle production as demand for its SUVs and electric models continues to rise. Strong performance across its automotive, farm equipment, and electric vehicle businesses has significantly strengthened the company’s growth momentum.

In the third quarter of FY26, Mahindra reported an impressive 46.97 percent jump in consolidated net profit, which rose to ₹4,674.64 crore. Encouraged by these robust results and sustained customer demand, the company is now preparing to expand its production capacity and speed up deliveries.

Expansion Plan in Motion

Rajesh Jejurikar, Executive Director and CEO of Mahindra’s Auto and Farm Sectors, revealed that by August–September of FY27, the company will add between 3,000 and 5,000 additional internal combustion engine (ICE) vehicles per month at its Chakan and Nashik plants. Alongside this, Mahindra plans to ramp up electric vehicle output by adding 3,000 to 4,000 units per month under its 9S EV platform.

With these additions, Mahindra’s combined monthly production capacity for ICE and electric vehicles is expected to increase by around 6,000 to 7,000 units. This step is aimed at reducing long waiting periods and ensuring quicker deliveries for customers.

Strong Financial and EV Push

Mahindra’s XEV 9e electric vehicle range has already been approved under the government’s Production Linked Incentive (PLI) scheme, while other EV variants are expected to receive approval by the first quarter of FY27. However, the company has also indicated a possible price hike of around one percent due to rising input costs, especially precious metals, and currency fluctuations.

Overall, Mahindra’s strong financial performance, coupled with aggressive capacity expansion and a focused push in electric mobility, positions the company well to meet growing market demand and strengthen its leadership in the SUV segment.