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M&M’s farm equipment sector reports 8% rise in June sales

01 Jul 2014 Evaluate

Mahindra & Mahindra’s (M&M) Farm Equipment Sector (FES), a part of the $16.7 billion Mahindra Group, has reported domestic sales for June 2014 which stood at 28893 units, a rise of 8.12%, as against 26723 units during June 2013.

The total tractor sales i.e. domestic plus exports during June 2014 stood at 29884 units, as against 27749 units for the same period last year. Exports for the month stood at 991 units.

Mahindra & Mahindra (M&M) is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.

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