Mahindra & Mahindra Ltd.
BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3129.15
43.90 (1.42%) M&M reports 87% increase in domestic passenger vehicles sales in August
Date: 01-09-2022Mahindra & Mahindra (M&M) has reported an 87 per cent increase in domestic passenger vehicles sales at 29,852 units in August. The company had sold 15,973 units in the same month last year.
Sales of cars and vans were at 336 units in the month under review, up from 187 units in the year-ago month. In the commercial vehicles segment, it sold 21,492 vehicles in August 2022, as against 8,814 units in the same month last year.
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.