Mahindra Tractor's overall sales decreased by 4% in May 2023

Total Domestic tractor sales for Mahindra were 33113 units in May 2023, compared to 34153 units in May 2022. Mahindra's domestic tractor sales declined by 3%.

Mahindra & Mahindra Ltd. just announced their May 2023 tractor sales report. In May 2023, Mahindra tractor sales totalled 34126 units, compared to 35722 units in May 2022 in the domestic and export market. Overall Mahindra sales numbers for May 2023 show a 4% decline.

Mahindra Domestic tractor sales

Total Domestic tractor sales for Mahindra were 33113 units in May 2023, compared to 34153 units in May 2022. Mahindra's domestic tractor sales declined by 3%.

Mahindra export tractor sales

Mahindra tractor export sales were 1013 units in May 2023, compared to 1569 units in May 2022. Export sales have decreased by 35%, according to sales figures.

Also Read: Mahindra Tractor's overall sales decreased by 11% in April 2023

Mahindra Year-to-Date Tractor Sales Data

Mahindra & Mahindra Ltd. just announced their Year to Date Tractor Sales report. In May 2023, Mahindra tractor Year to Date sales totalled 70531 units, compared to 76661 units in May 2022 in the domestic and export market. Overall Mahindra Year to Date Tractor Sales Data show an 8% decline.

Mahindra Year to Date Domestic tractor sales

Domestic tractor sales for Mahindra were 68511 units in May 2023, compared to 73558 units in May 2022. Mahindra's Year to Date Domestic tractor sales declined by 7%.

Mahindra Year to Date export tractor sales

Mahindra tractor export sales were 2020 units in Year to Date 2023, compared to 3103 units in Year to Date 2022. Mahindra Year to Date export tractor sales have decreased by 35%, according to sales figures.

Hemant Sikka, President - of Farm Equipment Sector, Mahindra & Mahindra Ltd., commented on the result, saying, "We sold 33,113 tractors in the domestic market during May '23. High Rabi crop output, strong reservoir levels, improved farmer terms of trade, and the IMD's forecast of a regular southwest monsoon promises well for the upcoming Kharif season. We sold 1,013 tractors in the foreign market."