-66.50 (-2.10%) Mahindra & Mahindra’s (M&M) Farm Equipment Sector (FES), a part of the $16.5 billion Mahindra Group, has reported its sales numbers for July 2015. Domestic sales in July 2015 stood at 14,273 units, as against 16,379 units during July 2014.
The company’s total tractor sales (domestic + exports) during July 2015 stood at 15,460 units as against 17,407 units for the same period last year. Exports for the month stood at 1,187 units, registering a growth of 15%.
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.