Mahindra's Farm Equipment Business Sells 38914 Tractor Units in India during May 2025

Mahindra & Mahindra Ltd.'s Farm Equipment Business (FEB), part of the Mahindra Group, today announced its tractor sales numbers for May 2025.

Domestic sales in May 2025 were at 38914 units, as against 35237 units during May 2024.

Total tractor sales (Domestic + Exports) during May 2025 were at 40643 units, as against 37109 units for the same period last year. Exports for the month stood at 1729 units.

Commenting on the performance, Veejay Nakra, President - Farm Equipment Business, Mahindra & Mahindra Ltd. said, "We have sold 38914 tractors in the domestic market during May'25, a growth of 10% over last year. Early advancement of above normal Southwest monsoon should bode well for kharif sowing. Land preparation activities are progressing well for paddy sowing. Approval of hike in MSP for Paddy and other kharif crops will bring positive sentiments among farmers. Better reservoir levels , Government announcement of record foodgrain production and introduction of various schemes will help farmers aim higher productivity going forward and in turn augur well for tractor demand. In the exports market, we have sold 1729 tractors."

Shares of Mahindra & Mahindra Limited was last trading in BSE at Rs. 2978.45 as compared to the previous close of Rs. 3005.40. The total number of shares traded during the day was 56691 in over 4521 trades.

The stock hit an intraday high of Rs. 3016.15 and intraday low of 2956.95. The net turnover during the day was Rs. 169086169.00.

Source : Equity Bulls

Keywords

MahindraandMahindra INE101A01026 FarmEquipmentBusiness SalesVolume Tractors May2025