Mahindra Reports 62,626 Domestic Tractor Sales in Oct 2026

Mahindra Reports 62,626 Domestic Tractor Sales in Oct 2026
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Mumbai, November 01, 2026: The Farm Equipment Business (FEB) of Mahindra & Mahindra Ltd., part of the Mahindra Group, has released its tractor sales figures for October 2026.

Mahindra sold 62,626 tractors in the domestic market in October 2026, compared with 72,071 units in October 2025. This is a 13% year-on-year decline.

Total tractor sales (domestic and exports) stood at 64,846 units, against 73,660 units in the same month last year. Exports reached 2,220 units, a 40% increase over last year.

Commenting on the performance, Veejay Nakra, President – Farm Equipment Business, Mahindra & Mahindra Ltd., said, "We have sold 62,626 tractors in the domestic market during October. The volume decline was primarily due to festive calendar shift, with Diwali moving to November this year from October last year. In the export markets, we have sold 2,220 tractors."

Mahindra Tractor Sales Data – October 2026 (Domestic & Export)

Mahindra Tractor Sales - October 2026 

 
Category October 2026 October 2025 % Change
Domestic Sales 62,626 72,071 -13%
Exports 2,220 1,589 40%
Total 64,846 73,660 -12%

*Exports include CKD

Mahindra Cumulative Tractor Sales Data – FY27 vs FY26

Even with the dip in October, Mahindra's cumulative tractor sales for FY27 remain ahead of the same period in FY26.

Between April and October 2026, Mahindra sold 3,25,498 tractors in the domestic market, compared with 3,19,407 units a year earlier, a 2% growth.

Exports grew 19% to 13,416 units, up from 11,278 units. Total cumulative sales reached 3,38,914 units, a 2% rise over 3,30,685 units in the corresponding period last year.

Mahindra Cumulative Tractor Sales – FY27 vs FY26

 
Category FY 27 FY 26 % Change
Domestic Sales 3,25,498 3,19,407 2%
Exports 13,416 11,278 19%
Total 3,38,914 3,30,685 2%

*Exports include CKD

About Mahindra

Founded in 1945, the Mahindra Group is among the largest and most admired multinational federations of companies, with 3,24,000 employees in over 100 countries. It holds a leadership position in farm equipment, utility vehicles, information technology and financial services in India, and is the world's largest tractor company by volume. The Group also has a strong presence in renewable energy, agriculture, logistics, hospitality and real estate.

The Mahindra Group is focused on leading ESG globally, enabling rural prosperity and enhancing urban living. Its goal is to drive positive change in the lives of communities and stakeholders and help them Rise.

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