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%.
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.
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% |
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.”
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