Profit

Mahindra Tractor Sales Up 7.39 Per Cent in September

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New Delhi: Mahindra & Mahindra Ltd on Wednesday reported a 7.39 per cent increase in total tractor sales at 28,739 units in September.

The company had sold 26,637 units in the same month last year, it said in a statement.

Domestic tractor sales stood at 27,321 units last month as against 25,922 units during September 2013 a growth of 5.39 per cent, it added.

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Exports during the month almost doubled to 1,418 units as compared to 715 units in September last year.

"We are happy to have achieved a domestic growth of 5 per cent during September 2014. The festive season has provided a boost to domestic tractor industry growth," M&M chief executive (farm equipment and two-wheeler division) Rajesh Jejurikar said.

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