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Time of India
01-05-2025
- Business
- Time of India
Mahindra Farm Equipment posts 8% rise in April tractor sales
Mahindra & Mahindra Ltd. 's Farm Equipment Sector (FES) reported a 8 per cent increase in domestic tractor sales for April 2025, with 38,516 units sold during the period compared to 35,805 units in April 2024. Its total sales, including domestic and exports numbers, rose to 40,054 units in April 2025, from 37,039 units in the same period last year, driven by strong retail momentum and positive economic factors, according to the company's announcement on Thursday. The company attributes the strong performance to several factors, including the ongoing harvest season, the Chaitra Navratri festival, good crop prices, and high procurement at Mandis. Hemant Sikka , President – Farm Equipment Sector, Mahindra & Mahindra Ltd., said 'We have sold 38,516 tractors in the domestic market during April 2025, a growth of 8 per cent over last year. The harvest season is progressing very well and is expected to conclude shortly. Bolstered by the Chaitra Navratri festival in the first week of April, retail momentum is very strong. This is well supported by good crop prices and high procurement at Mandis, leading to good cash flows with farmers. IMD's prediction of above normal southwest monsoon is hugely positive for the overall Agri economy and tractor industry. Financing continues to remain strong. In the exports market we have sold 1538 tractors, a growth of 25 per cent over last year.'
Business Upturn
01-05-2025
- Business
- Business Upturn
Mahindra & Mahindra's Farm Equipment Sector reports 8% YoY growth in Tractor sales in April 2025
By Aman Shukla Published on May 1, 2025, 15:31 IST Mahindra & Mahindra Ltd.'s Farm Equipment Sector (FES), a part of the Mahindra Group, reported an 8% year-on-year growth in tractor sales for April 2025. The company sold 38,516 tractors in the domestic market, up from 35,805 units recorded in April 2024. Total tractor sales, which include both domestic and export markets, reached 40,054 units in April 2025. This marks an increase from 37,039 units sold in the same month last year. Export sales rose to 1,538 units, reflecting a 25% growth over the 1,234 units exported in April 2024. Hemant Sikka, President – Farm Equipment Sector, Mahindra & Mahindra Ltd. commented, 'We have sold 38516 tractors in the domestic market during April 2025, a growth of 8% over last year. The harvest season is progressing very well and is expected to conclude shortly. Bolstered by the Chaitra Navratri festival in the first week of April, retail momentum is very strong. This is well supported by good crop prices and high procurement at Mandis, leading to good cash flows with farmers. IMD's prediction of above normal southwest monsoon is hugely positive for the overall Agri economy and tractor industry. Financing continues to remain strong. In the exports market we have sold 1538 tractors, a growth of 25% over last year.' The data reflects continued demand in the domestic market, coupled with a notable rise in international shipments. These figures represent cumulative sales for April and indicate a steady start to the fiscal year 2025–26. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
