Mumbai, Apr 1 Mahindra & Mahindra Ltd on Tuesday said its total tractor sales, including exports, rose 34 per cent year-on-year to 34,934 units in March.
According to a statement, the company had sold 26,024 tractors in March 2024.
M&M Ltd said domestic sales for March 2025 stood at 32,582 units as against 24,276 tractors sold in the same month last year, registering a 34 per cent year-on-year growth.
Exports during the previous period were recorded at 2,325 units, the company said.
“The tractor industry is witnessing good momentum due to favourable weather conditions, good reservoir levels, strong rabi scenario and positive terms of trade for farmers,” said Hemant Sikka, President, Agricultural Equipment Sector, Mahindra & Mahindra Ltd.
According to him, the harvesting season has commenced in the northern regions and is expected to progress smoothly across the country. He added that the pace of delivery picked up in the last week of March due to festivals and the momentum is expected to continue in Q1 FY26 as well due to a very good Rabi crop harvest and expectation of better cash flow in the hands of farmers.
He also added that the company has achieved its highest ever tractor sales with a growth of 12 per cent in FY25 (April 2024- March 2025), driven by very strong retail sales across the country and lowest ever dealer channel inventory.
Mahindra & Mahindra tractor sales increase 34% in March
