Mahindra tractor sales jump 49% to 45,563 units in September

Home-grown auto major Mahindra and Mahindra today reported a 49 per cent jump in total tractor sales at 45,563 units in September this year.
The company had sold 30,562 units in the same month last year, Mahindra and Mahindra said in a statement.
Domestic sales came in at 44,000 units as against 29,035 in the year-ago month, a growth of 51.54 per cent, it added.
Export during the month stood at 1,563 units as against 1,527 in the year-ago month, up 2 per cent.
Mahindra and Mahindra President (Farm Equipment Sector) Rajesh Jejurikar said: "With a good monsoon and improved kharif production estimates, we expect the positive sentiment to continue through the festive season.