Mahindra Tractors sells 18,245 units in India during May 2015

Added in: Mahindra

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Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES) announced its sales numbers for May 2015.

Domestic sales in May 2015 stood at 18,245 units, as against 23,132 ­units during May 2014. Total tractor sales (domestic + exports) during May 2015 stood at 19,257 units, as against 23,940 units for the same period last year. Exports for the month stood at 1,012 ­­­­units, registering a growth of 25%.

Commenting on the monthly performance, Harish Chavan, Chief Operating Officer – Farm Division, Mahindra & Mahindra Ltd. said, “We have registered a sale of 18,245 units during May 2015. At Mahindra, we have seen a positive trend in our tractor exports which have grown by 25% during the last month. For the tractor industry, the upcoming monsoon will be the primary trigger and we are hopeful of a good monsoon which will have a positive impact on pent up demand thereby leading to improved market sentiments”.

May 2015
Cumulative May
  F15 F16 %Change F15 F16 %Change
Domestic 23132 18245 -21% 43027 35251 -18%
Exports 808 1012 25% 1644 2017 23%
Total 23940 19257 -20% 44671 37268 -17%

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