Mahindra's two-wheeler sales down at 12,750 units in March

Mahindra Two Wheelers Ltd (MTWL) today said it has posted a marginal decline in its sales for March at 12,750 units.

The company had sold 12,771 units in the corresponding period last year, MTWL said in a statement.

"While the year-on-year growth is flat, what is interesting is that the new product Duro DZ, launched by MTWL, has grown dramatically," it added.

The company has recently launched 125 cc Duro DZ across India and its sales more than doubled in March 2012 compared to that of February, the statement said.

For this entire fiscal, the company's cumulative scooter sales stood at 1,34,570 units.