Mahindra tractor sales up 19 per cent in June

Mahindra & Mahindra Ltd's farm equipment sector (FES) said on Monday that its tractor sales increased by 18.8 per cent to 26,723 units in the domestic market in June.

The company had sold 22,493 units in June 2012.

Commenting on the monthly performance, Rajesh Jejurikar, the company's CEO for tractor and farm mechanisation, said the domestic growth of 19 per cent achieved during June 2013 is indicative of the positive momentum this year.

"The improved Kharif crop output prospect is expected to spur the rural economy further," he added.