Mumbai,Mahindra & Mahindra Ltd. (M&M Ltd.) today announced its highest ever monthly sales in March 2010 at 31698 units, a growth of 20.3% as compared to 26360 units for the same period last year.
Exports registered a 280.5% growth at 1754 units, the highest ever in a month. This is as compared to 461 units for the same period last year.
Total UV sales in March 2010 which includes the Scorpio, the XYLO, the Bolero and Pick-Ups stands at 20914 units, as against sales of 19973 units in March 2009.
Mahindras YTD sales stand at 298280 units, as against 230326 units for the same period last year, a growth of 30%.
Sales Summary Mar-2010
FORMAT: [Segment] [Mar-F10] [Mar-F09] [YTD-Mar-F10] [YTD-Mar-F09]
UVs 20914 19973 214128 153655
3 WHEELERS,GIO & MAXXIMO 7695 4043 57424 44533
MNAL LCVs 984 770 9829 8604
MRPL LOGAN 351 962 5332 13423
DOMESTIC TOTAL 29944 25748 286713 220215
M&M EXPORTS 1754 461 10567 8500
MRPL EXPORTS 0 151 1000 1611
SECTOR TOTAL 31698 26360 298280 230326Segment Mar-F10 Mar-F09 YTD-Mar-F10 YTD-Mar-F09
Notes to Editor
About The Mahindra Group
Mahindra embarked on its journey in 1945 by assembling the Willys Jeep in India and is now a US $6.3 billion Indian multinational. It employs over 1,00,000 people across the globe and enjoys a leadership position in utility vehicles, tractors and information technology, with a significant and growing presence in financial services, tourism, infrastructure development, trade and logistics. The Mahindra Group today is an embodiment of global excellence and enjoys a strong corporate brand image.
Mahindra is the only Indian company among the top tractor brands in the world and has made an entry in the two-wheeler segment, which will see the company emerge as a full-range player with a presence in almost every segment of the automobile industry.
The Mahindra Group expanded its IT portfolio when Tech Mahindra acquired the leading global business and information technology services company, Satyam Computer Services. The company is now known as Mahindra Satyam.
Mahindras Farm Equipment Sector is the proud recipient of the Japan Quality Medal, the only tractor company worldwide to be bestowed this honour. It also holds the distinction of being the only tractor company worldwide to win the Deming Prize. The US based Reputation Institute ranked Mahindra among the top 10 Indian companies in its Global 200: The Worlds Best Corporate Reputations list.
Mahindra is also one of the few Indian companies to receive an A+ GRI checked rating for its first Sustainability Report for the year 2007-08 and has also received the A+ GRI rating for the year 2008- 09.