Mahindra & Mahindra Ltd.’s Farm Equipment Business, part of the Mahindra Group, reported a strong performance in tractor sales for December 2025, supported by improving rural demand and favourable agricultural conditions.
The company recorded domestic tractor sales of 30,210 units in December 2025, compared with 22,019 units sold in December 2024, marking a year-on-year growth of 37%. Total tractor sales, including exports, stood at 31,859 units during the month, up from 22,943 units in the same period last year, reflecting an overall growth of 39%.
Exports contributed meaningfully to the monthly performance, with overseas shipments reaching 1,649 units in December 2025. This represented a 78% increase compared to 924 units exported in December 2024, indicating steady traction in international markets. Export figures include CKD units.
On a year-to-date basis, domestic tractor sales for FY26 stood at 3,91,890 units, compared with 3,24,327 units in the corresponding period of FY25, registering a growth of 21%. Total tractor sales, including exports, reached 4,06,592 units during the same period, up from 3,36,623 units last year, also reflecting a 21% increase. Year-to-date exports were reported at 14,702 units, compared with 12,296 units in the previous year.
Commenting on the performance, Veejay Nakra, President – Farm Equipment Business, said that improved cash flow availability in rural markets, supported by favourable crop yields following the Kharif harvest, has aided demand. He also noted that conducive weather conditions and healthy reservoir levels have led to an increase in Rabi sowing acreage, which is expected to support tractor demand in the coming months.
