Mahindra & Mahindra Ltd.

BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3657.45
-1.30 (-0.04%)
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Mahindra & Mahindra reports 16.12% growth in June 2012 sales

Date: 02-07-2012

Mahindra & Mahindra, country’s largest vehicle marker has registered 16.12% increase in its sales for June at 41,322 units against 35,584 units in the same month last year. The domestic sales stood at 38,951 units during the month against 33,772 units in June 2011, up 15%.

The passenger vehicles segment which includes the SUVs and Verito reported a growth of 23% at 19,792 units against 16,053 units in the year-ago period. Exports in June this year grew 31% to 2,371 units compared to 1,812 units in the same month last year.

M&M operates in the key industries that drive economic growth, enjoying a leadership position in tractors, utility vehicles, information technology and vacation ownership. Mahindra has a presence in the automotive industry, agribusiness, aerospace, components, consulting services, defence, energy, financial services, industrial equipment, logistics, real estate, retail, steel and two wheelers.