Mahindra Tractor Sales Report May 2023 : Sold 34,126 Units, Declined by 4%

Mahindra & Mahindra released Tractor Sales Report May 2023. The company sold 33113 units in May 2023 as against 34153 units in May 2022 in the Domestic market. Company’s domestic tractor sales statistics 2023 shows 3% drop. On the other hand, in the Export market, Mahindra Tractor Sales Report May 2023 also shows a 35% drop. As, the company sold 1013 units in May 2023 in the Export market as against 1569 units sold in May 2022.

Mahindra Tractor Sales Data May 2023

Mahindra & Mahindra also announced Year to Date Tractor sales figures 2023. The company sold 68511 units in 2023 as against 73558 units in 2022 in the Domestic market. Company’s domestic tractor sales statistics 2023 shows 7% drop. On the other hand, in the Export market, Mahindra Year to date Tractor Sales Report 2023 also shows a 35% drop. As, the company sold 2020 units in 2022 in the Export market as against 3103 units sold in 2023.

Mahindra Tractor Sales in India - Year to Date Summary

Commenting on the performance, Hemant Sikka, President - Farm Equipment Sector, Mahindra & Mahindra Ltd. said, “We have sold 33,113 tractors in the domestic market during May ’23. Record high Rabi crop output, good reservoir levels, improved terms of trade for farmers and IMD's prediction of a normal southwest monsoon augurs well for the upcoming Kharif season. In the export market, we have sold 1,013 tractors.”

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