Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), a part of the USD 16.9 billion Mahindra Group, today announced its sales numbers for August 2015.
Domestic sales in August 2015 stood at 10,751 units, as against 13,733 units during August 2014. Total tractor sales (domestic + exports) during August 2015 stood at 11,699 units, as against 15,006 units for the same period last year. Exports for the month stood at 948 units.
Commenting on the month’s performance, Rajesh Jejurikar, President & Chief Executive - Farm Equipment and Two Wheeler Division, Mahindra & Mahindra Ltd. said, “We sold 10,751 tractors in the domestic market during August 2015. While monsoon has reported 12% deficient so far, we are hopeful that improved rainfall in the remaining period would infuse positive sentiment for the coming season. In export markets, we sold 948 tractors.”
FARM EQUIPMENT SECTOR
| ||||||
Aug
|
Cumulative Aug
| |||||
F15
|
F16
|
%Change
|
F15
|
F16
|
%Change
| |
Domestic
|
13733
|
10751
|
-22%
|
102032
|
84174
|
-18%
|
Exports
|
1273
|
948
|
-26%
|
4936
|
5343
|
8%
|
Total
|
15006
|
11699
|
-22%
|
106968
|
89517
|
-16%
|
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