SML Mahindra's (NSE:SMLISUZU, BOM:505192) commercial vehicle sales increased to 1,415 units in February from 1,229 units a year ago, according to a Sunday filing to the Indian bourses.
The company's shares plunged 5% in early trade on Monday.
Commercial vehicle exports climbed to 88 units in February from 59 units a year earlier, while production increased to 1,679 units from 1,442 units.