Mahindra & Mahindra Ltd.

BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3083.50
-9.35 (-0.30%)
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M&M’s Farm Equipment Sector registers 4% rise in December domestic sales

Date: 01-01-2016

Mahindra & Mahindra’s (M&M) Farm Equipment Sector (FES), a part of the $16.9 billion Mahindra Group, has reported its sales numbers for December 2015. Domestic sales in December 2015 stood at 11,686 units, up by 4% as against 11,286 units during December 2014.

The company’s total tractor sales (domestic + exports) during December 2015 stood at 12,867 units, up by 3% as against 12,474 units for the same period last year. Exports for the month stood at 1,182 units, registering a fall of 1%.

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.