Mahindra Tractor Sales Report April 2024: Sold 35805 Units, Raised by 1%

Mahindra & Mahindra released Tractor Sales Report for April 2024. The company sold 35805 units in April 2024 as against 35398 units in April 2023 in the Domestic market. The company's domestic tractor sales statistics for 2024 shows a 1% increase. On the other hand, in the Export market, Mahindra's Tractor Sales Report for April 2024 also shows a 23% hike. As, the company sold 1234 units in April 2024 in the Export market as against 1007 units sold in April 2023.

Mahindra tractor total sales recorded 37039 units in April 2024 as against 36405 units in April 2023 that shows a sales increase of 2%.  

Mahindra Tractor Sales Data April 2024

Commenting on the performance, Hemant Sikka, President – Farm Equipment Sector, Mahindra & Mahindra Ltd. said, “We have sold 35805 tractors in the domestic market during April 2024, a growth of 1% over last year. Government's Wheat procurement operations are going on in full swing with good mandi arrivals, keeping the rural cash flows healthy. IMD's forecast of above normal monsoon rains and festivals in the month of April have helped bring positivity in the rural sentiments. Terms of trade continue to stay positive and good cash flows from Rabi harvest are likely to boost tractor demand in the coming months. In the exports market, we have sold 1234 tractors, a growth of 23% over last year.”

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