Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), part of the Mahindra Group, recorded domestic sales of 39405 units in April 2022, as against 26130 units during April 2021.
Total tractor sales (Domestic + Exports) during April 2022 were at 40939 units, as against 27523 units for the same period last year. Exports of tractors for the month stood at 1534 units.
Meanwhile, after achieving new peaks in FY’22, Sonalika Tractors has registered its highest ever April month overall sales of 12,328 tractors, powered by best ever April’s domestic performance of whopping 43.5% growth and beaten industry growth (est. 41%).
Sonalika Tractors is the brand of International Tractors Ltd based in Punjab’s Hoshiarpur district. April domestic sales stood at 10,217 tractors, an increase of 43.5% over the 7,122 domestic tractor sales recorded in the April’21.
Farm Equipment Sector Summary - April 2022 for Mahindras
April
F23
F22
%Change
Domestic
39405
26130
51%
Exports
1534
1393
10%
Total
40939
27523
49%
*Exports include CKD
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