Mahindra & Mahindra Ltd.
BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3093.75
-65.60 (-2.08%) M&M’s FES reports 27% fall in domestic sales in March
Date: 02-04-2020Mahindra & Mahindra’s (M&M) Farm Equipment Sector (FES) has reported its tractor sales numbers for March 2020. Domestic sales in March 2020 were at 13418 units, as against 18446 units during March 2019, a fall of 27%. Total tractor sales (Domestic and Exports) during March 2020 were at 13613 units, as against 19688 units for the same period last year, a fall of 31%. Exports for the month stood at 195 units.
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.