Mahindra & Mahindra Ltd.

BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3178.65
58.20 (1.87%)
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M&M’s Auto Sector registers 22% growth in April sales

Date: 02-05-2018

Mahindra & Mahindra’s (M&M) Auto Sector has sold 48,097 vehicles in April 2018, compared to 39,417 vehicles during April 2017, a growth of 22%. The domestic sales stood at 45,217 vehicles during April 2018, registering a growth of 19%.

In the Passenger Vehicles segment (which includes UVs, Cars and Vans) the company sold 21,927 vehicles, a growth of 13% and in the commercial vehicle segment, the company sold 18,963 vehicles, a 26% growth. In the Medium and Heavy Commercial Vehicles segment, M&M sold 904 vehicles for the month of April 2018. Exports stood at 2,880 vehicles for the month, a growth of 88%.

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.