Mahindra & Mahindra Ltd.

BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3219.55
20.20 (0.63%)
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M&M’s Farm Equipment Sector registers 47% rise in November domestic sales

Date: 01-12-2015

Mahindra & Mahindra’s (M&M) Farm Equipment Sector (FES), a part of the $16.9 billion Mahindra Group, has reported its sales numbers for November 2015. Domestic sales in November 2015 stood at 20,819 units, up by 47% as against 14,207 units during November 2014.

The company’s total tractor sales (domestic + exports) during November 2015 stood at 21,717 units, up by 42% as against 15,333 units for the same period last year. Exports for the month stood at 898 units, registering a fall of 20%.

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.