Mahindra Tractor Sales Report November 2023 : Sold 31069 Units, 6% Growth

Published - 01 Dec 2023 by Tractor Junction

Social Share

Mahindra Tractor Sales Report November 2023 : Sold 31069 Units, 6% Growth

Mahindra & Mahindra released Tractor Sales Report for November 2023. The company sold 31069 units in November 2023 as against 29180 units in November 2022 in the Domestic market. Company's domestic tractor sales statistics for 2023 shows a 6% increase. On the other hand, in the Export market, Mahindra's Tractor Sales Report for November 2023 also shows a 25% drop. As, the company sold 1005 units in November 2023 in the Export market as against 1348 units sold in November 2022.

Mahindra tractor total sales recorded 32074 units in November 2023 as against 30528 units in November 2022 that shows a sales increase of 5%.

Mahindra Tractor Sales Data November 2023

Particulars	November 2023	November 2022	Change %
Domestic	31069	29180	6%
Exports	1005	1348	-25%
Total	32074	30528	5%

Mahindra & Mahindra also announced Year to Date (YTD) April to November Tractor sales figures for 2023. The company sold 279129 units in 2023 as against 282024 units in 2022 in the Domestic market. Company's domestic tractor sales statistics for 2023 shows a 1% decrease. On the other hand, in the Export market, Mahindra's YTD Tractor Sales Report in 2023 shows a 32% decline. The company sold 8475 units in 2023 as against 12547 units in 2022 in the Export market.

Mahindra Tractor Sales in India - Year to Date Summary

Particulars	Year to Date FY’24	Year to Date FY’23	Change %
Domestic	279129	282024	-1%
Exports	8475	12547	-32%
Total	287604	294571	-2%

Commenting on the performance, Hemant Sikka, President – Farm Equipment Sector, M&M Ltd. said, “We have sold 31069 tractors in the domestic market during November 2023, a growth of 6% over last year. The festive season saw high demand pull in the domestic market, supported by Kharif harvest realisations, with retails being strong during Dhanteras and Diwali. Terms of trade continue to be favorable for farmers; while rural spending by the Government and progress in Rabi sowing are the factors to watch out for. In the export market, we have sold 1005 tractors.”

Tractor Junction also Offer a Monthly Subscription of Tractor Sales (Wholesale, Retail, Statewise, Districtwise, HPwise) Report. Please Contact us for the detailed report.

Subscribe our Telegram Channel for Industry Updates- https://t.me/TJUNC
Follow us for Latest Tractor Industry Updates-
LinkedIn - https://bit.ly/TJLinkedIN
Facebook - https://bit.ly/TJFacebok