Mahindra & Mahindra Ltd.’s Farm Equipment Business has posted impressive growth in November 2025, selling 42,273 tractors in India, up from 31,746 units sold in the same month last year—recording 33% year-on-year growth.
Mahindra’s total tractor sales for November—including exports—reached 44,048 units, compared to 33,378 units last November. Export volumes rose to 1,775 units, up 9% from last year’s 1,632 units.
The company has also delivered strong cumulative performance for FY26 till November. Domestic tractor sales now stand at 361,680 units, up 20% from last year’s 302,308 units. Exports for the same period reached 13,053 units, reflecting 15% growth. Total tractor sales for the year so far are 374,733 units, compared to 313,680 units, marking 19% growth.
Speaking on the results, Veejay Nakra said:
“We have sold 42273 tractors in the domestic market during November 2025, a growth of 33% over last year. This comes on the back of a strong growth of 27% for the festive period of September & October 2025. There is positive sentiment among farmers with record production this kharif season & increase in rabi sowing acreage. Government’s progressive measure of GST rate reduction coupled with higher MSP is leading to positive cash flow for farmers & aiding tractor & farm implements demand. In the exports market, we have sold 1775 tractors, a growth of 9% over last year.”
Mahindra continues to uphold its position as the world’s largest tractor manufacturer by volume, supported by strong rural demand and favourable policies.
