Mahindra total tractor sales up 7% in August

Domestic tractor sales up 9% at 13,543 units during the month as against 12,394 units in the year-ago month

Press Trust of India New Delhi
Last Updated : Sep 02 2013 | 4:55 PM IST
Mahindra & Mahindra Ltd's Farm Equipment Sector (FES) today reported 7% increase in total tractor sales at 14,158 units in August this year as against 13,234 in the same month last year.

Domestic tractor sales were up 9% at 13,543 units during the month as against 12,394 units in the year-ago month, the company said in a statement.

Exports during the month stood at 615 units, down 27% from 840 units in August last year, it added.

Commenting on the monthly performance, Mahindra & Mahindra Ltd Chief Executive, Tractor and Farm Mechanisation Rajesh Jejurikar said: "We believe the kharif sowing having crossed the 1,000 lakh hectare mark, normal monsoons and prospects of the approaching festive season are clear indicators of stronger growth for the overall agricultural sector in the coming months."

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First Published: Sep 02 2013 | 4:52 PM IST

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