M&M March Production Jumps 24%, Sales Up 19%

Mahindra & Mahindra Ltd. reported a 23.5% on-year rise in production to 88,701 units in March, led by a 28.6% jump in utility vehicle output and 14.2% rise in commercial vehicles, the company said in a filing.

M&M's Sales for the month rose 19.3% on year to 79,751 units. Exports more than doubled to 4,143 units from 1,573 a year ago.