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Mahindra records highest-ever tractor sales in a month in India

Mahindra records highest-ever tractor sales in a month in India
Posted - November 03, 2022 Share Post

Mahindra and Mahindra Limited Farm Equipment Sector (FES), on Tuesday this month reported a growth of 11% in domestic tractor sales and a surge of 9% this October as compared to the previous year. Domestic sales recorded 50539 units, against 45420 units the last October.

New Holland Tractor

 

Mr President, Farm Equipment Sector, Mahindra and Mahindra Limited, stated that the festive seasons kept the spirits high, which led to the strong motivation behind the record domestic figures.

Mahindra tractors domestic sales report

Mahindra’s domestic sales witnessed a total rise of 11.74% when both the parameters, i.e. YTD and YoY sales, were considered together.
The below table shows the data for both YoY and YTD sales.

 

F23

F22

%Growth

October

50539

45420

11%

YTD 

252844

226087

12%

Total

303,383

271507

11.74%

Mahindra tractors foreign trade report

Mahindra’s foreign trade reported a total growth of 11.23% when both the parameters, i.e. YTD and YoY were considered together.

The below table shows the data for exports of Mahindra tractors.

 

F23

F22

%Growth

October 

1455

1597

-9%

YTD

11199

9779

15%

Total

12654

11,376

11.23%

To keep you updated every month, TractorGuru publishes monthly wholesale & retail sales reports of every tractor company, including Powertrac Tractor and Swaraj Tractor, state-wise, district-wise, and HP-wise. You can also contact us for more detailed information.

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