Mahindra & Mahindra (M&M), the SUV and commercial vehicles manufacturer, announced a drop of 12.44% in auto sales numbers which stood at 45,212 units during March 2015, as against 51,636 units during March 2014.
The passenger vehicles segment sold 21,030 units in March 2015 as against 23,433 units during March 2014. The company's domestic sales stood at 41,193 units during March 2015 as against 48,490 units during March 2014. In March 2015, the truck & bus division of the company sold 1,076 units.
Exports for March 2015 stood at 4,019 units registering a growth of 28%.
Shares of the company declined Rs 0.15, or 0.01%, to trade at Rs 1,187.00. The total volume of shares traded was 24,267 at the BSE (12.07 p.m., Wednesday).