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M&M’s Farm Equipment Sector reports 15.85% fall in domestic sales in July

02 Aug 2022 Evaluate

Mahindra & Mahindra’s (M&M) Farm Equipment Sector (FES) has reported its tractor sales numbers for July 2022. Domestic sales in July 2022 were at 21,684 units, as against 25,769 units during July 2021, down by 15.85%. Total tractor sales (Domestic + Exports) during July 2022 were at 23,307 units, as against 27,229 units for the same period last year. Exports for the month stood at 1,623 units.

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

3256.10 35.90 (1.11%)
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