June 2013 Tractor Sales: Mahindra Tractors sells 26,723 units in the domestic market during June 2013

Mahindra Tractors sales report for June 2013

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Added in: News

Mahindra Tractors Mahesh Babu

Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), a part of the USD 16.2 billion Mahindra Group, today announced its tractor sales numbers for June 2013. The sales stood at 26,723 units in the domestic market, as against 22,493 units in June 2012, a growth of 19%. The company’s overall sales have also grown by 17% standing at 27,749 units during June. Exports for the month stood at 1,026 units.

Commenting on the monthly performance, Rajesh Jejurikar, Chief Executive, Tractor and Farm Mechanization, Mahindra & Mahindra Ltd. said, “We are extremely happy with our performance in the first quarter of FY 2014. The domestic growth of 19% achieved during June 2013 is indicative of the positive momentum this year. The improved Kharif crop output prospect is expected to spur the rural economy further.”

 

 

FARM EQUIPMENT SECTOR

 

June’13

Cumulative June’13

 

F 13

F 14

% Change

F 13

F 14

% Change

 

 

 

 

 

 

 

Domestic

22493

26723

19%

56561

71390

26%

 

 

 

 

 

 

 

Exports

1272

1026

-19%

3020

3187

6%

 

 

 

 

 

 

 

Total

23765

27749

17%

59581

74577

25%

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