Yamaha India Sales – March 2026: Strong Growth Led by Scooters & Premium Bikes

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:

• Scooter segment shines

  • Ray continues to be the star performer with 78% YoY growth

  • Fascino remains stable with steady demand

  • Electric scooter EC06 shows early traction with strong MoM growth

• Motorcycle portfolio delivers mixed performance

  • FZ leads the core segment with 49% YoY growth

  • R15 grows 23% YoY, but sees a -12% MoM dip

  • MT-15 remains largely stable with marginal fluctuations

• Premium & niche models gain traction

  • XSR records a sharp 652% MoM jump, indicating strong demand pickup

  • Aerox continues its steady growth in the sporty scooter space

• Underperformers

  • R3 sees a complete drop in volumes YoY

  • FZ25 remains inactive

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.