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Mahindra & Mahindra Sold 27,209 Tractors in July 2024, Up 8%

Mahindra & Mahindra Sold 27,209 Tractors in July 2024, Up 8% image
By Team Tractor Gyan
01 Aug, 2024
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Mahindra & Mahindra's July 2024 tractor sale for domestic and export markets is out and provides an overview of this tractor manufacturer's performance.

Let’s break down the market-wise Mahindra & Mahindra July 2024 tractor sales and YoY growth. 

Mahindra & Mahindra July 2024 Domestic Sales 

Mahindra & Mahindra recorded 25,587 tractor unit sales in July 2024 in the domestic markets against the 24,168 units sold in July 2023. This reflects the 6% YoY growth.

Mahindra & Mahindra July 2024 Export Sales 

Exports for Mahindra & Mahindra in July experienced a massive YoY growth of 61%. The company exported 1,622 tractor units in July 2024 whereas the export sales remained at 1,007 units in July 2023.

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Mahindra & Mahindra July 2024 Overall Performance 

mahindra and mahindra tractor sales in july 2024

The total sales of Mahindra & Mahindra in July 2024 remained at 27,209 tractor units whereas the tractor manufacturer sold 25,175 tractor units in July 2023. This way, it recorded 8% YoY growth.
 

     Mahindra Tractor Sales - July 2024
     F25   F24 % Change
Domestic 25,587 24,168 6%
Exports 1,622 1,007 61%
Total 27,209 25,175 8%

Mahindra & Mahindra YTD July 2024 Sales 

The YTD July 2024 sale of Mahindra & Mahindra remained at 1,42,517 units for the domestic markets and 6,159 units for export markets. The total YTD tractor sales remained at 1,48,676 units.

For YTD July 2023, the total, domestic, and export tractor sales for Mahindra & Mahindra remained at 1,40,184 units, 1,36,043 units, and 4,141 units respectively. This results in 6% YoY growth in total sales, 5% YoY growth in domestic sales, and 49% YoY growth in export markets. 
 

     Mahindra Tractor Sales - YTD July 2024
     F25   F24 % Change
Domestic 1,42,517 1,36,043 5%
Exports 6,159 4,141  49%
Total 1,48,676 1,40,184 6%

In Summary 

July 2024 remained great for Mahindra & Mahindra as the leading tractor manufacturer experienced YoY growth in each sector. The total sales grew by 8% whereas domestic and export sales increased by 6% and 61% respectively. The sales figures are 27,209 total sales, 25,587 domestic sales, and 1,622 export sales. 

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