-103.65 (-2.83%) Mahindra & Mahindra’s (M&M) total sales increased 36 per cent to 62,294 units in April. The company's total dispatches to dealers stood at 45,640 units in April 2022. The company's passenger vehicle wholesales in the domestic market rose by 54 per cent to 34,698 units last month against 22,526 in April last year.
Commercial vehicle sales increased to 25,783 units last month, compared to 20,411 units in the year-ago period. Its exports last month declined 33 per cent to 1,813 units, as compared to 2,703 units in the year-ago period.
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.