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Mahindra Tractor Sales Report February 2023 : 30% Domestic Tractor Sales Increase

Mahindra Tractor Sales Report February 2023 : 30% Domestic Tractor Sales Increase
Posted -01 March 2023 Share Post

Mahindra Tractor Domestic Sales Increase By Feb 2023 

The Mahindra & Mahindra Ltd. recently revealed its tractor sales report February 2023. The overall Mahindra tractor sales in February 2023 were 25791 tractors, against 20437 tractors in February 2022. The overall Mahindra sales data for February 2023 presents an increase of 26%.

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Mahindra’s domestic tractor sales were recorded at 24619 tractors in February 2023, against 18910 tractors in February 2022. The Mahindra domestic tractor sales show a remarkable 30% increase in sales.

The Mahindra tractors export sales were observed at 1172 tractors in February 2023, as against 1527 tractors in February 2022. The export sales data marks a 23% decline in export sales.
 

Mahindra Tractors Sales in India - February 2023

Below is a brief of Mahindra & Mahindra tractor sales report in February 2023.
 

Particulars  February 2023 February 2022 % growth
Domestic  24619  18910  30%
Exports  1172  1527  -23%
Total  25791  20437  26%

Mahindra Tractor Sales in India 2023 - Year to Date Summary 

Below is the Mahindra’s tractor sales report year to date change for this year and the previous year.

Particulars 

2023

2022

%growth

Domestic 

355909

308940

15%

Exports 

16622 

15995

4% 

Total

372531 

324935

15%

Mr. Hemant Sikka, President - Farm Equipment Sector, Mahindra & Mahindra Ltd. quoted, while highlighting the performance, “We have sold 24,619 tractors in the domestic market during February 2023, a growth of 30% over last year. Record Rabi crop acreage for wheat and oilseeds, high crop prices and better terms of trade for farmers is leading to positive sentiments in the rural markets. Expected higher Rabi output will improve liquidity in the hands of the farmers, supporting tractor demand. Water reservoir levels continue to remain high. In the export market, we have sold 1172 tractors.” 

To know the latest updates of the Mahindra sales data or monthly Mahindra tractors sales report, stay connected with Tractor Guru news.

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