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Mahindra tractor sales decline during Jan 2015

MUMBAI: Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), announced its sales numbers for January 2015. Domestic sales in January 2015 stood at 13,852 units, as against 19,389­­­­­ units during January 2014.

Total tractor sales (domestic + exports) during January 2015 stood at 14,913 units, as against 20,109 units for the same period last year. Exports for the month stood at 1,061­­­­­­­ units, registering a growth of 47%.

Commenting on the monthly performance, Rajesh Jejurikar, Chief Executive, Farm Equipment and Two Wheeler Division, Mahindra & Mahindra Ltd. said, “We have registered a sale of 13,852 units during January 2015. The tractor industry has been going through a de-growth caused by reduced Kharif crop production and lower mandi prices. However at Mahindra, we have seen a positive trend in exports which have grown by 47% during January 2015.”


  Jan 2015 Cumulative Jan
  F14 F15 %Change F14 F15 %Change
Domestic 19389 13852 -29% 224147 199498 -11%
Exports 720 1061 47% 8222 10836 32%
Total 20109 14913 -26% 232369 210334 -9%

*Exports include CKD units.

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