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M&M reports over 4% drop in April production

08 May 2017 Evaluate

Mahindra & Mahindra (M&M) has reported 4.48% fall in its production to 41467 units in April 2017 as compared to 43410 units in same month last year. On the other hand, the company’s total sales for the month stood at 39,357 vehicles as compared to 41,863 vehicles during April 2016.

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

3247.05 27.50 (0.85%)
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