Mahindra & Mahindra sales up 6% at 41,747 units
Mahindra & Mahindra has reported 6% increase in total sales at 41,747 units in July.
The company had sold 39,458 units in the same month last year, it said in a statement.
In the domestic market, sales were up 13% at 39,762 units last month compared with 35,305 units in July 2016.
Exports were however down 52% at 1,985 units in July against 4,153 units in the same month last year.
Sales of passenger vehicles, including Scorpio, XUV500, Xylo, Bolero and Verito, rose 21% to 20,962 units from 17,356 units in the same month last year.
The company said that Commercial vehicle sales were up 14% at 15,023 units in July this year against 13,168 units in the year-ago period.
M&M President Automotive Sector Rajan Wadhera said a good monsoon, successful rollout of GST and a good run-up to the festive season gives the company confidence of achieving robust growth in the second quarter.
Tag Keyword: Mahindra & Mahindra , Sales , Commercial Vehicles , GST