Mahindra & Mahindra Ltd.’s Farm Equipment Sector has announced its October 2024 tractor sales. The company recorded domestic sales of 64,326 units in October 2024, compared to 49,336 units sold in October 2023. When including exports, total sales reached 65,453 units, a rise from 50,460 units the previous year. The export figures for October stood at 1,127 units.
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Mahindra Tractor Sales Report for October 2024
Particulars | October 2024 | October 2023 | Change% |
Domestic | 64,326 | 49,336 | 30% |
Exports | 1,127 | 1,124 | 0% |
Total | 65,453 | 50,460 | 30% |
Mahindra & Mahindra has shared its Year-to-Date (YTD) tractor sales figures for October 2024, showing growth across both domestic and export markets. Domestic sales reached 270,562 units this year, a 9% increase from 248,060 units in 2023. Meanwhile, the export segment saw substantial growth, with YTD export sales rising by 30% to 9,740 units in October 2024, up from 7,470 units last year. Mahindra’s year-to-date tractor sales totaled 280,302 units in October 2024, marking a 10% increase from 255,530 units sold in October 2023. This reflects a strong overall performance, especially in the export sector.
Mahindra Tractor Sales Data for October 2024 – Year-to-Date Overview
Particulars | Year to Date FY’24 | Year to Date FY’23 | Change% |
Domestic | 270,562 | 248,060 | 9% |
Exports | 9,740 | 7,470 | 30% |
In October 2024, Mahindra’s tractor sales reached impressive figures, showcasing robust growth compared to previous years. Year-to-date sales totaled 280,302 units, reflecting a 10% increase from the 255,530 units sold during the same period in 2023. This growth highlights Mahindra’s strong performance in both the domestic and export markets, particularly driven by favorable market conditions and increased demand for agricultural equipment.
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