M&M tractor sales fall 18% yoy in September

M&M tractor sales fall 18% yoy in September

Mahindra farm equipment sector (FES) reported an 18% yoy decline (up 111% mom) in tractor sales (domestic + exports) in September 2018. FES sold 37,581 tractors in September 2018 against 45,788 tractors in September 2017 and 17,785 tractors in August 2018. The number was below the BloombergQuint poll estimate of 38,500 tractors for the month.

Domestic volume declined 19% yoy (up 120% mom) to 35,953 tractors, while exports gained 4% yoy (15% mom) to 1,628 tractors. Tractor sales could remain under pressure as rainfall distribution has been uneven in India this monsoon season. Further, the floods in Kerala have dented a significant part of demand during the season.

Top Tractor News

ITL Commences Delivery of Solis Hybrid 5015 - 1st Hybrid tractor at Rs. 7.21 Lakhs

ITL Commences Delivery of Solis Hybrid 5015 - 1st Hybrid tractor at Rs. 7.21 Lakhs

ITL Commences Delivery of Solis Hybrid 5015 - 1st Hybrid tractor with Fully Advanced Japanese Hybrid Technology at Rs. 7.21 Lakhs

Shaktiman records Highest Sales growth in FY21 by selling 1.30+ Lakh Machines with 74% YoY Growth

Shaktiman records Highest Sales growth in FY21 by selling 1.30+ Lakh Machines with 74% YoY Growth

Shaktiman records Highest Domestic Sales growth in FY21 by selling 1.30+ Lakh Machines and became largest exporter of Farming implements from India

ट्रैक्टर इंडस्ट्री की वार्षिक रिपोर्ट : 26.86 फीसदी वृद्धि के साथ करीब 9 लाख ट्रैक्टर बेचे

ट्रैक्टर इंडस्ट्री की वार्षिक रिपोर्ट : 26.86 फीसदी वृद्धि के साथ करीब 9 लाख ट्रैक्टर बेचे

ट्रैक्टर इंडस्ट्री की वार्षिक रिपोर्ट : 26.86 फीसदी वृद्धि के साथ करीब 9 लाख ट्रैक्टर बेचे (Tractor Industry Annual Report: Nearly 9 Lakh Tractors Sold, With 26.86 Percent Growth),

Tractor Sales Statistics India FY 2021 - Sales Escalated by 26.86%

Tractor Sales Statistics India FY 2021 - Sales Escalated by 26.86%

In FY'21, domestic tractor sales recorded a boom of 26.86%. A growth displayed in comparison to the previous year as Apr’20-Mar’21 tractors sold 899429 units against 709002 units.

close Icon

Find Your Right Tractor and Implements

New Tractors

Used Tractors

Implements

Certified Dealer Buy Used Tractor