Business Standard

Monday, December 23, 2024 | 01:50 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Mahindra tractor sales up 22% to 40,529 units in June over year-ago period

Exports in the last month stood at 1,252 units as against 1,433 units in the year-ago period

Mahindra & Mahindra, Anand mahindra

Press Trust of India New Delhi

Home-grown auto major Mahindra and Mahindra (M&M) on Monday reported 22 per cent rise in total tractor sales to 40,529 units in June.

It had sold 33,093 units in June last year.

Domestic sales were at 39,277 units as against 31,660 units in the same month a year ago, up 24 per cent, M&M said in a BSE filing.

Exports in the last month stood at 1,252 units as against 1,433 units in the year-ago period, down 13 per cent, it said.

M&M President - Farm Equipment Sector, Rajesh Jejurikar said: "With the healthy spread of the monsoon across the country, we are hopeful of a good agricultural output, leading to improved market sentiment".

 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 02 2018 | 3:25 PM IST

Explore News