Mahindra & Mahindra Ltd. Tractor Sales Jump 35% to 32,153 Units in February 2026

Key Highlights

• Total February 2026 sales at 34,133 units.

• Domestic sales grow 35% to 32,153 units.

• Export sales rise 20% to 1,980 units.

• YTD total sales increase 24% to 4,81,368 units.

• Strong rural demand supports overall growth.

Mahindra & Mahindra Ltd. has reported strong tractor sales growth for February 2026. The company sold a total of 34,133 tractors, registering a 34% increase compared to 25,527 units sold in February 2025. The growth was driven by strong domestic demand and steady export performance.

Also Read: Mahindra Tractor January 2026 Sales Report: 46% Growth, 38,484 Units Sold

Strong Growth in Domestic Tractor Sales

Mahindra sold 32,153 tractors in the domestic market in February 2026. This is higher than 23,880 units sold in February 2025, marking a 35% year-on-year growth.

The domestic market remained the biggest contributor to the company’s total monthly tractor volumes. Improved rural sentiment and better farm conditions supported higher demand during the month.

Export Sales See 20% Increase

In the export segment, Mahindra recorded sales of 1,980 tractors in February 2026. This compares to 1,647 units sold in the same month last year, reflecting a 20% growth.

International markets also contributed positively to overall sales performance.

Mahindra Tractor Sales - February 2026

Mahindra YTD Tractor Sales Performance (April 2025 - February 2026)

For the year-to-date (YTD) period, Mahindra’s total tractor sales stood at 4,81,368 units, compared to 3,89,707 units in the corresponding period last year. This represents a 24% growth.

Both domestic and export markets recorded similar growth rates during the financial year so far.

Domestic YTD Sales

Domestic tractor sales reached 4,62,527 units during April 2025 to February 2026. In the same period last year, sales were 3,74,512 units, reflecting a 24% increase.

Export YTD Sales

Export sales for the YTD period stood at 18,841 units, compared to 15,195 units last year. This also marks a 24% year-on-year growth.

Mahindra YTD Tractor Sales (Apr 2025 - Feb 2026)

Company Statement on Sales Performance

Commenting on the performance, Veejay Nakra, President – Farm Equipment Business, Mahindra & Mahindra Ltd., said the company sold 32,153 tractors in the domestic market during February 2026, registering a 35% growth over last year.

He added that robust growth in the rabi sowing area, healthy reservoir levels, and a favourable kharif harvest are strengthening cash flows in rural markets. Positive farmer sentiment, along with the Navratri festival during the month, is expected to further support tractor demand.

In exports, the company sold 1,980 tractors, achieving a 20% growth over last year.

Also Read: VST Tillers Tractors Ltd Sells 3,963 Power Tillers and 472 Tractors in February 2026

CMV360 Says

Mahindra’s strong tractor sales performance in February 2026 reflects rising rural demand and healthy farm conditions. With 35% domestic growth and steady export expansion, the company continues to strengthen its leadership position in the tractor market. Improved sowing activity, better water levels, and positive farmer sentiment are supporting demand. If these conditions continue, Mahindra is likely to maintain steady momentum in the coming months.