Mahindra Farm Equipment Sector Sells 407,094 Tractor Units in Domestic Market of India During F‘25
March, 25/Tractors Are Sold in India by the Company
Mumbai, April 01: The Farm Equipment Sector (FES) of Mahindra & Mahindra, also part of the Mahindra Group, will close out its tractor sales numbers for the financial year ending in March 2025. It turned in its highest-ever annual sales in F’25. The closure period ends May 15 and will be made public at start-up with release in the dailies on May 16.
In March 2025, domestic sales stood at 32,582 units against 24,276 the previous March (see table). This month’s increase over last year in terms of percentage is 34.
In March 2025, total tractor sales (domestic + exports) reached 34,934 units, compared with 26,024 for the same month last year. Exports for that month came to 2352 units.
Mahindra Tractor Sales Records March 2025: Domestic & Exports
| Particulars | March 2025 | March 2024 | Change% |
| Domestic | 32,582 | 24,276 | 34% |
| Exports | 2352 | 1748 | 35% |
| Total | 34,934 | 26,024 | 34% |
Mr. Hemant Sikka, President, Farm Equipment Sector, Mahindra & Mahindra Ltd., had this to say about the company’s performance in March: “We have sold 32,582 tractors in the domestic market during March ‘25, a growth of 34% over last year. The tractor industry has been getting good momentum due to very favourable weather conditions, full reservoirs, good rabi crops, and beneficial trade terms for farmers. The harvest season is underway in the northern regions now, and excellent progress is expected throughout the entire country. In Q1 FY26, delivery momentum increased at the end of March due to festive activities. We expect this to continue next quarter on the back of a very good Rabi harvest and improved cash flow through farmers’ hands. In the export market, we sold 2,352 tractors, up 35% from last year”.
Hemant Sikka, President, Farm Equipment Sector of Mahindra & Mahindra, commented on company performance for F’25. “We have achieved our best-ever tractor sales in F25, up 12%. This is clearly driven by extraordinary retail sales enjoyed across the length and breadth of our great country and dealer channel inventory at its lowest ever.”
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