Mahindra & Mahindra Reports Strong Sales Growth in June; Domestic Passenger Vehicle Sales Surge 23%

Mahindra & Mahindra reported an 11% year-on-year increase in wholesales, with 69,397 units sold in June. The company dispatched a total of 62,429 units to its dealers during the same month.

The auto major’s domestic passenger vehicle sales saw a 23% rise, reaching 40,022 units as compared to 32,588 units in June last year.

In terms of exports, the company shipped out 2,597 units in June, marking a 4% increase from the previous year’s 2,505 units.

On the stock market front, Mahindra & Mahindra shares were trading 0.2% higher at Rs 2,873.85 apiece on the BSE.

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