Production also increased 19.83% year-on-year to 1,257 units from 1,049 units.
However, exports fell sharply, declining 61.59% to 53 units from 138 units in September 2025.
The latest update comes days after the company reported its cargo and passenger vehicle sales for September.
SML Mahindra’s total sales rose 18% year-on-year to 1,124 vehicles in September, compared with 950 vehicles a year earlier.
Cargo vehicle sales increased 39% to 516 units from 370 units, while passenger vehicle sales rose 5% to 608 units from 580 units.
For the first six months of FY27, SML Mahindra sold 9,340 vehicles, up 15% from 8,145 units in the same period of FY26.
Cargo vehicle sales during April-September rose 5% to 2,534 units from 2,422 units a year earlier.
Passenger vehicle sales increased 19% to 6,806 units from 5,723 units in the corresponding period of FY26.
Shares of SML Mahindra closed 3.68% lower at ₹5,871 on October 8.
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