Mahindra & Mahindra Ltd.

BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3199.35
-22.00 (-0.68%)
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M&M’s Farm Equipment Sector registers 38% fall in September sales

Date: 01-10-2015

Mahindra & Mahindra’s (M&M) Farm Equipment Sector (FES), a part of the $16.9 billion Mahindra Group, has reported its sales numbers for September 2015. Domestic sales in September 2015 stood at 17052 units, down by 38% as against 27321 units during September 2014.

The company’s total tractor sales (domestic + exports) during September 2015 stood at 18087 units, down by 37% as against 28739 units for the same period last year. Exports for the month stood at 1418 units, registering a fall of 27%.

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.