Enter your city for weather info

Invalid City Name

rain icon
Temperature 22°C
Status Clear
City New York
4-Day Forecast
Humidity icon

50%

Humidity

wind icon

15 km/h

Wind Speed

Daily Panchang

Please Enter OTP For Tractor Price कृपया ट्रैक्टर की कीमत के लिए ओटीपी दर्ज करें
Enquiry icon
Enquiry Form

M&M tractor segment market share touches 41.8% in Q1FY22, highest in the last 8 quarters

M&M tractor segment market share touches 41.8% in Q1FY22, highest in the last 8 quarters

    M&M tractor segment market share touches 41.8% in Q1FY22, highest in the last 8 quarters

06 Aug, 2021

Farm Equipment Segment Revenue of Rs 5,319 crores and PBIT of Rs 1,081 crores
• The tractor industry witnessed strong demand growth (39%) during the quarter. The growth in company’s volume (48%) led to highest domestic market share in 8 quarters (41.8%)
• The Farm Business delivered excellent performance with highest ever first quarter PBIT and ROCE.

FES Market Share at 41.8%; highest in last 8 quarters

 

 

Q1 FY2022

Q1 FY2021

Growth% YOY

Tractor sold

99,127

65,195

52

Commenting on Q1 FY22 performance …

Dr. Anish Shah, Managing Director & CEO, M&M Ltd,said, “Our focus on operational efficiency and financial discipline gives us the confidence that our core performance will continue. Our Farm business delivered yet another exemplary quarter result, while our auto business showed demand recovery. Our growth gems are seeing good momentum and we will continue our stringent focus on fiscal discipline.”

Mr. Rajesh Jejurikar, Executive Director, M&M Ltd, said, “We have embarked on the journey of bold, aggressive growth with a good start in Q1 FY2022. FES continued to deliver robust performance both in terms of market share and financial metrics. The demand for our key automotive products also remains strong. With upcoming launch of our most anticipated product XUV700, we plan to ride on the festive season with strong volume growth aided by rebound in Indian economy. However, commodity inflation and semiconductor supply issues continue to be of concern.”

 

 

 

https://images.tractorgyan.com/uploads/2484/60dd3e6d9008c_Escorts-Agri-Machinery.jpeg Escorts Agri Machinery sold 12,533 tractors in June 2021, Up 15.5%
Escorts Ltd Agri Machinery Segment (EAM) in June 2021 sold 12,533 tractors, our highest ever June sales and registering a growth of 15.5 percent again...
https://images.tractorgyan.com/uploads/2486/60dd567e4ace5_Escorts.jpeg जून माह में एस्कॉर्ट्स ने बेचे 12,533 ट्रैक्टर, महामारी के बावजूद 15.5 प्रतिशत की वृद्धि।
एस्कॉर्ट कंपनी ने जून 2021 में अपने फॉर्म मशीनरी सेगमेंट में बिक्री के आंकड़े जारी किए हैं, जिनसे पता चलता है कंपनी ने कविड महामारी के प्रकोप के बावजू...
https://images.tractorgyan.com/uploads/2661/610ba4ae9b4ee_WhatsApp-Image-2021-08-05-at-2.12.18-PM.jpeg M&M Farm Division CEO Shubhabrata Saha resigns
Shubhabrata Saha has ended his over two decade stint with Mahindra & Mahindra as the CEO of Farm Division, the company announced on Wednesday....

Top searching blogs about Tractors and Agriculture

Top 10 Tractor brands in india To 10 Agro Based Indutries in India
Rabi Crops and Zaid Crops seasons in India Commercial Farming
DBT agriculture Traditional and Modern Farming
Top 9 mileage tractor in India Top 5 tractor tyres brands
Top 11 agriculture states in India top 13 powerful tractors in india
Tractor Subsidy in India Top 10 tractors under 5 Lakhs
Top 12 agriculture tools in India 40 Hp-50 Hp Tractors in India

review Write Comment About Blog.

Enter your review about the blog through the form below.



Customer Reviews

Record Not Found

Popular Posts

https://images.tractorgyan.com/uploads/113823/6692222f0f3c2-vst-zetor-introduced-tractors-in gujarat.jpg

VST Zetor Introduced Tractors in Gujarat

12 July 2024: VST Zetor range of tractors, jointly developed by VST Tillers Tractors Ltd and HT...

https://images.tractorgyan.com/uploads/113822/66920cf68353f-mahindra-vs-sonalika-the-new-battleground-in-global-tractor-markets.jpg

Mahindra vs Sonalika: The New Battleground in Global Tractor Markets

Mahindra Tractors is the world’s largest tractor manufacturer and the top tractor-selling bran...

https://images.tractorgyan.com/uploads/113807/668fbfe494c32-harvester-retail-sales-report-in-june-2024.jpg

जून 2024 में हार्वेस्टर रिटेल बिक्री: जानिए ब्रांड प्रदर्शन और मासिक वृद्धि के बारे में

ट्रैक्टर के अलावा, हार्वेस्टर भारत में बड़ी मात्रा में बिकने वाला कृषि उपकरण है। आज हम आपके लिए...

Select Language

tractorgyan offeringsTractorGyan Offerings