Mahindra and Mahindra these days introduced a 31 in step with cent increase in its vehiclemobile income for March 2023 with 35,976 devices.
The enterprise stated it clocked the best-ever annual income of its sports activities application automobiles (SUVs) at 3,fifty six,961 devices, with a 60 in step with cent increase.
In the passenger automobile phase which incorporates application automobiles, vehicles and vans, the enterprise offered 35,997 devices in March 2023, that is a increase of 30 in step with cent, and recorded an annual sale of 3,fifty nine,253 automobiles with a fifty nine in step with cent increase.
Veejay Nakra, President, Automotive Division, M&M, stated, "We are extremely joyful to shut the yr with a increase of fifty in step with cent for the automobile region on annual foundation and the best ever numbers, in nearly all segments of the enterprise. Our SUV enterprise recorded all-time excessive numbers, with a increase of 31 in step with cent in March 2023, at the same time as it recorded a 60 in step with cent typical increase in FY23, at the lower back of desirable call for throughout the portfolio."
Veejay Nakra stated the pick-up phase recorded the best-ever annual quantity with a sturdy forty three in step with cent increase, consolidating its management position.
He added, "We would really like to thank our associates, dealers, partners, suppliers, and customers, who've made this a wonderful yr."
The industrial automobile phase recorded a sale of 22,282 automobiles in March 2023 with a 12 in step with cent increase, and an annual sale of 248,576 automobiles with a forty in step with cent increase.
The mild industrial automobile (LCV) phase recorded its highest-ever annual income of 1,98,121 devices withinside the economic yr 2022-23 (FY23). Mahindra truck and bus department additionally registered desirable overall performance with 1,469 devices in March 2023 with a seventy seven in step with cent increase and an annual sale of 10,036 devices with a fifty six in step with cent increase.
Exports for March had been at 2,a hundred and fifteen automobiles, and the enterprise offered 5,697 devices of three-wheelers in March 2023.
