Stock Report

Mahindra's Farm Equipment Sector Sells 38516 Tractor Units in India during April 2025



Posted On : 2025-05-02 22:58:54( TIMEZONE : IST )

Mahindra's Farm Equipment Sector Sells 38516 Tractor Units in India during April 2025

Mahindra & Mahindra Ltd.'s Farm Equipment Sector (FES), part of the Mahindra Group, today announced its tractor sales numbers for April 2025.

Domestic sales in April 2025 were at 38516 units, as against 35805 units during April 2024.

Total tractor sales (Domestic + Exports) during April 2025 were at 40054 units, as against 37039 units for the same period last year. Exports for the month stood at 1538 units.

Commenting on the performance, Hemant Sikka, President - Farm Equipment Sector, Mahindra & Mahindra Ltd. Said, "We have sold 38516 tractors in the domestic market during April 2025, a growth of 8% over last year. The harvest season is progressing very well and is expected to conclude shortly. Bolstered by the Chaitra Navratri festival in the first week of April, retail momentum is very strong. This is well supported by good crop prices and high procurement at Mandis, leading to good cash flows with farmers. IMD's prediction of above normal southwest monsoon is hugely positive for the overall Agri economy and tractor industry. Financing continues to remain strong. In the exports market we have sold 1538 tractors, a growth of 25% over last year."

Shares of Mahindra & Mahindra Limited was last trading in BSE at Rs. 2930.35 as compared to the previous close of Rs. 2925.20. The total number of shares traded during the day was 58321 in over 4081 trades.

The stock hit an intraday high of Rs. 3000.00 and intraday low of 2912.60. The net turnover during the day was Rs. 172148981.00.

Source : Equity Bulls

Keywords

MahindraandMahindra INE101A01026 CarsandUtilityVehicles FarmEquipment SalesVolume April2025 Tractors