Mahindra & Mahindra Ltd.

Mahindra & Mahindra (M&M) has reported a 31% decline in total tractor sales in March at 19,688 units. The company had sold 28,477 units in March last year.

Domestic tractor sales in March 2019 were at 18,446 units as against 27,155 units in the year-ago month, down 32%, while exports for the month stood at 1,242 units as compared to 1,322 units in March 2018, a decline of 6%.

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.