Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), a part of the USD 16.9 billion Mahindra Group, today announced its sales numbers for June 2015.
Domestic sales in June 2015 stood at 23,899 units, as against 28,893 units during June 2014. Total tractor sales (domestic + exports) during June 2015 stood at 25090 units, as against 29,884 units for the same period last year. Exports for the month stood at 1,191 units, registering a growth of 20%.
Commenting on the monthly performance, Harish Chavan, Chief Operating Officer – Farm Division, Mahindra & Mahindra Ltd. said, “We have registered a sale of 23,899 tractors during June 2015 in the domestic market. With a healthy spread of the monsoon and good sowing progress across the country, we are hopeful of a very good agricultural output, leading to improved market sentiments. At Mahindra, we continue to see a positive trend in our tractor exports which has grown by 20% during the last month”.