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Mahindra Tractors sells 10,392 units in India during March 2015

| | Apr 02, 2015, at 03:51 am
Mumbai, Apr 1 (IBNS): Mahindra & Mahindra Ltd.'s Farm Equipment Sector (FES), a part of the USD 16.5 billion Mahindra Group, on Wednesday announced its sales numbers for March 2015.
Domestic sales in March 2015 stood at 10,392 units, as against 16,571 ­­units during March 2014. 
 
Total tractor sales (domestic + exports) during March 2015 stood at 12,254 units, as against 17,673 units for the same period last year. 
 
Exports for the month stood at 1,862 ­­­­units, registering a growth of 69%.
 
Commenting on the monthly performance, Rajesh Jejurikar, President & Chief Executive, Farm Equipment and Two Wheeler Division, Mahindra & Mahindra Ltd. said, “We have registered a sale of 10,392 units during March 2015. The unseasonal rains and hailstorms have adversely affected market sentiments. We have adjusted dealer inventory in Q4 of F15 to align to market conditions. At Mahindra, this has been a record year for exports with March ‘15 seeing the highest ever exports in a single month with 1,862 tractors, a growth of 69% over the same period last year.”

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