Mumbai, April 8 -- The auto major's total sales stood at 79,751 units in March 2025, registering a growth of 19.32% on a YoY basis.

The exports surged 163.38% YoY to 4,143 units in March 2025.

Meanwhile, the company announced the incorporation of a wholly-owned subsidiary, Mahindra Advanced Technologies (MATL), with a total subscription of Rs 5 crore.

MATL, under the manufacturing and allied services category, will focus on security technologies. The formal incorporation was completed on 7 April 2025 in Mumbai, Maharashtra, following prior approval by the board on 7 February 2025.

M&M has subscribed to 50 lakh equity shares of Rs 10 each at par value, securing full ownership (100% stake) in MATL.

The Mahindra Group enjoys a leadershi...