Mahindra tractor sales rise 13% to 25,949 units in November

Mahindra & Mahindra | Subsidiary Mahindra Holdings agreed to sell its entire 100 percent stake in Mahindra First Choice Services (MFCS) and Optionally Convertible Redeemable Preference Shares in Auto Digitech (ADPL) to TVS Automobile Solutions (TASL). M&M signed a Share Subscription Agreement for subscribing securities of TVS Automobile Solutions (TASL). (Image: PTI)

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26 Aug, 2025 12:21

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Mahindra & Mahindra (M&M) Monday reported 13 percent increase in tractor sales at 25,949 units in November as against 22,994 units in the same month last year.

In the domestic market, tractor sales stood at 25,159 units as compared to 21,271 units in November 2017, up 18 percent, the company said in a statement.

Exports, however, declined by 54 percent to 790 units from 1,723 units in the year-ago month, it added.

"Retail demand remained positive through the festive season," M&M President - Farm Equipment sector Rajesh Jejurikar said.

On the outlook, he said, "We expect that structural factors such as government's continued focus on rural and agri spends and momentum on key crop prices will ensure the demand uptick for tractors continues into Q4 of the current fiscal.