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M&M reports 12.44% fall in March sales

01 Apr 2015 Evaluate

Mahindra & Mahindra (M&M), India’s leading SUV manufacturer, has reported its auto sales numbers which stood at 45212 units during March 2015 as against 51636 units during March 2014, registering a fall of 12.44%. The Passenger Vehicles segment (which includes UVs and the Verito) sold 21,030 units in March 2015 as against 23,433 units during March 2014.

The company’s domestic sales stood at 41,193 units during March 2015 as against 48,490 units during March 2014. In March 2015, the Truck & Bus division of the company sold 1076 units. Exports for March 2015 stood at 4,019 units registering a growth of 28%.

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.

Mahindra & Mahindra Share Price

3199.35 -22.00 (-0.68%)
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