Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), a part of the USD 16.9 billion Mahindra Group, today announced its sales numbers for July 2015.
Domestic sales in July 2015 stood at 14,273 units, as against 16,379 units during July 2014. Total tractor sales (domestic + exports) during July 2015 stood at 15460 units, as against 17,407 units for the same period last year. Exports for the month stood at 1,187 units, registering a growth of 15%.
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 14,273 tractors during July 2015 in the domestic market. Owing to the advent of a good monsoon across India, sowing has begun in full earnest which should improve market sentiments going forward. At Mahindra, we have seen a positive trend in our tractor exports which has grown by 15% during the last month.”
July 2015
|
Cumulative July
| |||||
F15
|
F16
|
%Change
|
F15
|
F16
|
%Change
| |
Domestic
|
16379
|
14273
|
-13%
|
88299
|
73423
|
-17%
|
Exports
|
1028
|
1187
|
15%
|
3663
|
4395
|
20%
|
Total
|
17407
|
15460
|
-11%
|
91962
|
77818
|
-15%
|
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