Mahindra & Mahindra Ltd.

Mahindra & Mahindra’s (M&M) total sales has declined by 10 per cent to 36,437 units in April as compared with March this year on account of lockdown in various states amid surge in COVID-19 cases. The Mumbai-based auto major had dispatched 40,403 units to dealers in March this year. It had zero sales in the domestic market in April last year due to nationwide lockdown due to COVID-19. Passenger vehicles sales in the domestic market stood at 18,285 units last month, up 9 per cent from 16,700 units in March 2021.

Commercial vehicles sales, however, declined by 25 per cent to 16,147 units in April as against 21,577 units in March this year. The company’s exports last month stood at 2,005 units in April as compared with 2,126 units in March. M&M had exported 733 units in April 2020.

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.