Published By : Khetigaadi Team 80
Sonalika International Tractors on Monday posted 54 per cent growth in its total sales at 8029 units for November 2018.
The company had sold 5230 units in the same month last year, Sonalika said in a release.
Total sales (Domestic +Exports) also jumped 41 per cent at 9,078 units last month compared to 6,442 units in November 2017.
Speaking on the growth trajectory, Raman Mittal, executive director, Sonalika group, said, “We are extremely delighted to surpass the industry growth in YTM (April-Nov’18) and also record 54 per cent growth in domestic market in Nov’18. This phenomenal growth is accredited to the purchase triggered on account of major festivals, Diwali & Dhanteras in this month. This growth comes immediately after we recorded highest ever overall tractor sales in October’18.”
On cumulative basis, the overall sales throughout April-November 2018 stood at 81,441 units till November 30, 2018, up 21.3 per cent, as compared to 67,117 units in the year-ago period.
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