Mahindra & Mahindra Ltd.

BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3108.50
-50.85 (-1.61%)
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M&M reports 1.20% rise in April production

Date: 05-05-2015

Mahindra & Mahindra (M&M), India’s leading SUV manufacturer, has reported 1.20% growth in its auto sales numbers which stood at 36,727 units during April 2015 as against 36,288 units during April 2014. The Passenger Vehicles segment (which includes UVs and the Verito) sold 18,314 units in April 2015 as against 18,148 units during April 2014.

The company’s domestic sales stood at 34,467 units during April 2015 as against 34,107 units during April 2014, registering a growth of 1%. In April 2015, the Truck & Bus division of the company sold 735 units. Exports for April 2015 stood at 2,260 units registering a growth of 4%.

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.