30.20 (0.97%) Mahindra & Mahindra’s (M&M) Farm Equipment Sector (FES), a part of the $16.5 billion Mahindra Group, has reported its sales numbers for February 2015. Domestic sales in February 2015 stood at 10,267 units, as against 16,553 units during February 2014.
The company’s total tractor sales (domestic + exports) during February 2015 stood at 11,437 units as against 17,593 units for the same period last year. Exports for the month stood at 1,170 units, registering a growth of 13%.
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.