Mahindra & Mahindra Ltd.

BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3553.80
-103.65 (-2.83%)
< Home < Back

M&M’s Farm Equipment Sector logs 19% growth in domestic tractor sales in March

Date: 03-04-2023

Mahindra & Mahindra’s (M&M) Farm Equipment Sector (FES) has reported its tractor sales numbers for March 2023. Domestic sales in March 2023 were at 33,622 units, as against 28,112 units during March 2022, showing a rise of 19%.

Total tractor sales (Domestic + Exports) during March 2023 were at 35,014 units, as against 29,763 units for the same period last year. Exports for the month stood at 1,392 units. The company clocked its highest ever annual sale of 4,07,545 Units (Domestic + Exports) in FY23.

M&M is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.