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Mahindra Tractor Sales Dropped by 15% as Sold 39,825 Units in June 2022

Mahindra Tractor Sales Dropped by 15% as Sold 39,825 Units in June 2022
Posted - July 04, 2022 Share Post

Mahindra tractor Total Sales (Domestic + Export) were 41848 units in June 2022 compared to 48222 units in June 2021. 

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And Mahindra tractor export sales registered 2023 units in June 2022, which shows a good growth of 50%. 

Mr Hemant Sikka, President - Farm Equipment Sector, Mahindra & Mahindra Ltd) said, "We have sold 39825 units in the domestic market in June 2022. With good prices for Rabi outcome, cash flow with farmers is good. In addition, government's approval of an accumulation in MSP for all Kharif crops and predicting of a normal monsoon is very positive for a bumper Kharif crop. Though Kharif sowing is sagging in the first fortnight of the season than last year due to poor rainfall in key kharif states, further advancement of Southwest monsoons across the country brings in favourable sentiments and is likely to boost the tractor demands in the coming months. In the exports tractor market, we have sold 2023 units with a growth of 50% over last year". 

Mahindra Tractor Total Sales Summary in June 2022

 

June 2022

June 2021

% Change 

Domestic Sales

39,825 units

46,875 units 

-15%

Export Sales

2,023 units

1,347 units

50%

Total 

41,848 units

48,222 units 

-13%


About Mahindra Group

Mahindra Group was established in 1945 as a multinational federation of companies with an immense presence across 100 countries with 260000 employees. Mahindra tractor Group is the leader in farm equipment, information technology, utility vehicles and financial services over the world. In addition, this brand also has a significant presence in agriculture, renewable energy, logistics, real estate and hospitality. 

The company aims to lead ESG globally, enhancing urban living and rural prosperity with a goal of a positive change in the stakeholders and communities lives to enable them to Rise. 

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