Yamaha India delivered an impressive performance in March 2026, clocking 76,909 units, a sharp 52% year-on-year (YoY) growth compared to 50,473 units in March 2025. On a month-on-month (MoM) basis, the company registered a 15% increase over February 2026 (67,072 units).
This strong growth reflects a combination of scooter-led volume expansion, consistent motorcycle demand, and emerging traction in premium segment.
Here is a detailed model-wise breakdown:
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Scooter segment shines
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Ray continues to be the star performer with 78% YoY growth
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Fascino remains stable with steady demand
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Electric scooter EC06 shows early traction with strong MoM growth
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Motorcycle portfolio delivers mixed performance
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FZ leads the core segment with 49% YoY growth
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R15 grows 23% YoY, but sees a -12% MoM dip
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MT-15 remains largely stable with marginal fluctuations
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Premium & niche models gain traction
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XSR records a sharp 652% MoM jump, indicating strong demand pickup
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Aerox continues its steady growth in the sporty scooter space
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Underperformers
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R3 sees a complete drop in volumes YoY
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FZ25 remains inactive
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Yamaha is showing a well-balanced recovery, with scooters driving volume and premium bikes adding momentum. While a few models lag, the overall trajectory remains positive heading into FY2027.
