In September 2023, Mahindra & Mahindra Ltd.'s Farm Equipment Sector (FES) and Automotive Division delivered impressive sales numbers, showcasing the sectors’ resilience and commitment to steady growth.

Auto

M&M Ltd. celebrated a remarkable 17% growth in overall auto sales in September 2023, reaching 75,604 vehicles, including exports. Notably, the utility vehicles segment led the charge with 41,267 units sold domestically, while the total, including exports, reached 42,260 vehicles. In addition, domestic sales for commercial vehicles stood at 23,997 units.

Farm Equipment Sector reported domestic tractor sales of 42,034 units. However, recovery in Kharif sowing and the onset of festive fervour are set to uplift farmer sentiments. Exports for the month stood at 1,176 units, affirming FES’ global presence.

Mahindra Group's Farm Equipment and Automotive sectors have continued to thrive despite the challenges in the market, demonstrating a strong commitment to delivering quality products and services. As they navigate dynamic market conditions, these results underscore their unwavering dedication to driving growth across all segments.