The company had sold 12,254 units in the same month last year.
Domestic tractor sales rose 34.05 per cent to 12,702 units in March as against 10,392 units in the year-ago month, the company said in a statement.
However, exports fell by 59.66 per cent to 751 units compared with 1,862 units in the same month last year, it added.
M&M's total sales in 2015-16 fiscal were down 8.73 per cent to Rs 2,13,591 units as against 2,34,025 units sold during the financial year 2014-15.
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