M&M Tractor Business

Mahindra & Mahindra on Tuesday said its farm equipment business registered domestic tractor sales of 27,595 units in August, achieving a 5 per cent year-on-year growth. The company had sold 26,201 units in August 2025. The total tractor sales, including domestic and exports during August 2026, were at 29,507 units, as against 28,117 units for the same period last year. Exports for the month stood at 1,912 units. Veejay Nakra, President - Farm Equipment Business, Mahindra & Mahindra Ltd said, "We sold 27,595 tractors in the domestic market during August 2026, a growth of 5 per cent over last year. Steady improvement in rainfall has helped near-normal Kharif sowing". Besides, he said, continued support of various government schemes and the upcoming festive season should bolster rural sentiment. Moreover, Mahindra & Mahindra's trucks and buses business sold 2,495 vehicles in August 2026, registering a growth of 47 per cent year-on-year. Mahindra's trucks & buses business .

EVs remain central to the company's long-term roadmap, with M&M aiming for 20-30 per cent EV contribution by FY30, compared to 8 per cent currently.

The M&M share price has jumped about 4.36 per cent in 2 days, including today's gain, on the back of strong Q3 results and outlook

Brokerages anticipate robust revenue growth driven by improved volumes and realisations, with mixed expectations on margin performance across segments

The company's standalone revenue rose 11.2 per cent year-on-year (Y-o-Y) to Rs 27,132.8 crore in Q1FY25, as opposed to Rs 24,402.9 crore in Q1FY24.

Most of the brokerages expect M&M's profit to fall up to 15 per cent in Q1FY25.

May auto sales preview: Nomura analysts expect passenger vehicle (PV) wholesales to grow by 6 per cent on a year-on-year (Y-o-Y) basis to 355,000 units.

Mahindra & Mahindra Ltd on Thursday said its total vehicle sales grew 15 per cent year-on-year to 73,944 units in January. The utility vehicle sales stood at 43,068 units in the previous month as against 32,915 vehicles sold in January last year, growing 31 per cent year-on-year, M&M Ltd said. The commercial vehicle domestic sales during the month under review stood at 23,481 units, a growth of 8 per cent over 21,724 units in January 2023. Its three-wheeler domestic sales, including electric three-wheelers, fell 14 per cent to 5,649 units compared to 6,562 vehicles sold in the year-ago period, the company said.

M&M's product line has reached a stage of maturity where we can go and compete around the world, a company official said

While the food prices continue to remain high, the company believes that a better compensation for farmers would create a positive sentiment and lift demand for tractors and agri-implements

Analysts consider the south-west monsoon to be the lifeline of India's agri-based economy, as it is likely to brighten outlook for bumper crop output amid inflationary times post covid-19 blowout.

Concerns remain on the company's weakening position in the UV segment

Mahindra & Mahindra (M&M) on Monday said it will hike prices of its its range of tractors from next month in order to partially offset the impact of rise in input costs. In a regulatory filing, M&M's Farm Equipment Sector said, effective January 1, 2021, it will increase the price of its range of tractors, across models. This has been necessitated due to the increase in commodity prices and various other input costs, the company added. Details of price increase across different models will be communicated in due course, M&M said. Last week, M&M had announced it will hike prices of its entire range of passenger and commercial vehicles from next month in order to partially offset the impact of rise in input costs.

The company said its Farm Equipment Sector will manufacture a new tractor series called the 'K2', exclusively at the company's tractor manufacturing facility at Zaheerabad in the state of Telangana.

Capital allocation and auto segment volume trajectory are the other triggers

'We will fail faster, if we have to,' says chairman Anand Mahindra as international revenues for most group business ventures grow or dwindle

The company's profit before interest and tax (PBIT) from the farm equipment segment rose 31 per cent in FY17 to Rs 25.62 billion

M&M's profit before tax from the farm equipment segment rose 31% last year to Rs 2,562 cr