Mahindra & Mahindra Ltd.

BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3120.45
36.95 (1.20%)
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M&M’s Farm Equipment Sector registers 20% rise in June domestic sales

Date: 01-07-2016

Mahindra & Mahindra’s (M&M) Farm Equipment Sector (FES), a part of the $16.9 billion Mahindra Group, has reported its sales numbers for June 2016. Domestic sales in June 2016 stood at 28797 units, up by 20% as against 23,899 units during June 2015.

The company’s total tractor sales (domestic + exports) during June 2016 rose by 20% to 30,191 units as against 25,090 units for the same period last year. Further, exports for the month stood at 1394 units, registering a rise of 17%.

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.