Mahindra & Mahindra Ltd.

BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3092.85
-66.50 (-2.10%)
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M&M’s Farm Equipment Sector registers 22% fall in August sales

Date: 01-09-2015

Mahindra & Mahindra’s (M&M) Farm Equipment Sector (FES), a part of the $16.5 billion Mahindra Group, has reported its sales numbers for August 2015. Domestic sales in August 2015 stood at 10,751 units, down by 22% as against 13,733 ­­ units during August 2014.

The company’s total tractor sales (domestic + exports) during August 2015 stood at 15,006 units, down by 22% as against 11,699 units for the same period last year. Exports for the month stood at 1273 units, registering a fall of 26%.

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.