Mahindra Sold 6,160 Thars In April, Up 16%, Scorpio Sales At 14,807 Units

During the month of April, Mahindra & Mahindra achieved a total sale of 68,614 units, up 13% from the 60,481 vehicles sold in April 2023.

What Happened: The auto giant on Monday reported its model-wise sales and exports data for last month. The company's flagship Thar sales for April stood at 6,160 units – translating to around 205 Thars sold every day. This is around a 16% jump from the 5,302 Thars the company sold in April 2023.

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The auto manufacturer’s top-selling model for the month was the Scorpio again. The company sold 14,807 Scorpios last month. This is an over 50% rise from the 9,167 units sold in April 2023. 13,344 of these were diesel variants.

The second spot was grabbed by Bolero. In April 2024, the company sold a total of 9,537 Boleros, around a 5% increase from the 9,054 units sold in April 2024.

The third spot went to the XUV 700 model, which saw sales of 6,134 units in April 2024. This is a 29% jump from the 4,757 vehicles sold in the same month last year. The company will post its earnings for the quarter ended March on May 16.

Price Action: Mahindra & Mahindra's share price was up 1.04% to trade at ₹1,583.80 in the late hours of trading on Monday.

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