Mahindra & Mahindra Ltd.’s Farm Equipment Business (FEB) has reported strong performance in November 2025, selling 42,273 tractors in the domestic market, a robust 33% growth compared to 31,746 units in November 2024.
Total tractor sales — including domestic and exports — stood at 44,048 units, compared to 33,378 units in the same month last year. Mahindra exported 1,775 tractors in November, marking a 9% year-on-year increase over 1,632 units last year.
Commenting on the performance, Veejay Nakra, President – Farm Equipment Business, M&M Ltd., said the strong growth builds on the company’s 27% festive season growth in September and October 2025.
He added, “There is positive sentiment among farmers with record production this kharif season and an 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 and aiding tractor and farm implements demand. In exports, we sold 1,775 tractors, a growth of 9%.”
Mahindra’s year-to-date domestic tractor sales have reached 361,680 units, reflecting 20% growth. Year-to-date exports stand at 13,053 units, up 15%, taking total YTD sales to 374,733 units, a 19% increase over last year.
