Falkirk enjoyed league victories over Montrose and Forfar in March, as well as a closely fought draw with Dumbarton.
March’s award is the second time the pair have shared the accolade this season.
Lee Miller said: “This award is testament to the hard work of everybody around the club since we came back from the suspension of football. We receive the award, but it is a real team effort and everybody behind the scenes plays a part.”
David McCracken added: “We're honoured to receive this award, but the main focus for us is always our ultimate goal for the season, to win the league and gain promotion to the Championship.”