Mahindra & Mahindra on Saturday said its total sales in February rose 15 per cent year-on-year to 83,702 units.
The automaker had sold 72,923 units in February last year.
In the utility vehicle segment, the company said it sold 50,420 vehicles in the domestic market, a growth of 19 per cent as compared to 42,401 units in February last year.
Exports grew to 3,061 units last month, up 99 per cent from 1,539 units in February 2024. “This strong performance is a result of the continued positive momentum for our SUV portfolio,” Mahindra & Mahindra (M&M) Automotive Division President Veejay Nakra said in a statement.
The company said its total tractor sales stood at 25,527 units last month as against 21,672 units in the same period last year.
Exports stood at 1,647 units in February.
Hemant Sikka, President, M&M Farm Equipment Sector, said, “After a good Kharif harvest, the Rabi crop scenario also looks positive due to favourable weather conditions.”
He said that increase in agricultural loan limits, continued government support to increase farmers’ income and bumper Rabi crop will boost tractor demand going forward.
