Mahindra tractor sales zoom 69% in September

Domestic tractor sales rose 70.27% to 29,035 units in September as against 17,052 in the year-ago month, the company said.

A worker cleans a logo of Mahindra & Mahindra, India's largest utility vehicles maker, inside their showroom in Chennai. Photo: Reuters
A worker cleans a logo of Mahindra & Mahindra, India's largest utility vehicles maker, inside their showroom in Chennai. Photo: Reuters
Press Trust of India New Delhi
Last Updated : Oct 03 2016 | 3:48 PM IST
Home-grown auto major Mahindra and Mahindra on Monday reported a 68.97 per cent jump in total tractor sales at 30,562 units in September.

The company had sold 18,087 units in the same month in 2015.

Domestic tractor sales rose 70.27 per cent to 29,035 units in September as against 17,052 in the year-ago month, the company said in a statement.

Exports during the month also rose by 47.53 per cent to 1,527 units compared with 1,035 in the same month a year ago, it added.

On sales outlook, M&M President and Chief Executive, Farm Equipment and Two-wheeler Division, Rajesh Jejurikar said: "We expect the good momentum to continue with the upcoming festive season and the effect of a good monsoon.
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First Published: Oct 03 2016 | 12:22 PM IST

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