March Tractor Sales Rise as Mahindra Reports Strong Growth

March Tractor Sales Rise as Mahindra Reports Strong Growth.webp

Mumbai, April 1 Mahindra & Mahindra Ltd reported a 29 per cent year-on-year growth in total tractor sales, including exports, at 45,035 units in March.

The company sold 34,934 tractors in March 2026, M&M Ltd said in a statement.

Domestic sales in March 2026 stood at 43,403 units, up 33 per cent year-on-year from 32,582 units in March 2025. However, exports declined 31 per cent to 1,632 units during the month, compared with 2,352 tractors sold in March 2025, it said.

A significant part of this high growth was driven by the full Navratri season falling entirely in March, unlike last year when it was split between March and April, said Veejay Nakra, President, Farm Equipment Business, Mahindra & Mahindra Ltd.

On a full financial year basis, the company said, the total tractor sales spiked 24 per cent at 5,26,403 units in FY26 against 4,24,641 tractors.
 
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agricultural machinery domestic sales export sales farm equipment fy26 india mahindra & mahindra march sales tractor sales year-on-year growth
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