Mahindra & Mahindra reports 12% decline in sales in March 2015

Sells 45,212 units in March 2015

Mahindra & Mahindra reported sales of 45,212 units in March 2015 compared to 51,636 units in March 2014, a decline of 12%. The Company's domestic sales stood at 41,193 units in March 2015 compared to 48,490 units in March 2014, a decline of 15%. Exports grew 28% to 4,019 units in March 2015 over March 2014.

For FY 2015, total sales stood at 464,848 units, a decline of 8% over 507176 units sold in FY 2014. Domestic sales fell 9% to 434,652 untis in FY 2015 over FY 2014. Exports recorded a 2% growth to 30196 units in FY 2015.

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