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Loveleen Goyal

30th Jul 2025 · SEBI-Registered Analyst

M&M

M&M
has reiterated its SUV growth guidance of mid to high teens for FY26, despite sector-wide concerns over demand sustainability and supply-side disruptions. The management, speaking on an analyst call post its Q1FY26 results, said that the company is well-positioned to meet its targets, backed by a steady stream of launches and tactical product ***** be sure, M&M's Q1FY26 SUV revenue market share increased to 27.3 percent from 23.5 percent in the previous quarter, the company's investor presentation showed." the management said when asked about risks to SUV growth. "We believe we can achieve this because we have two new electric SUVs and two more expected in calendar 2026. Minor variant refreshes, like the Rev-X2 on the XUV 3XO and updates to Scorpio N, have also helped." The company added that further model actions are planned over the next few months, supported by a strong launch pipeline that could spill into early 2026 and support FY26 growth.

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