Auto major Mahindra & Mahindra's total tractor sales in April were down 13 per cent at 18,011 units as against 20,731 units in the same month last year.
Mahindra and Mahindra reports 13% drop in tractor sales to 18,011 units
Domestic tractor sales in April stood at 17,006 units against 19,895 units in the year-ago month, down 15 per cent, the company said in a filing to BSE. Exports during the month were at 1,005 units compared with 836 units last year, up 20 per cent, it added.
M&M President and Chief Executive (Farm Equipment and Two-Wheeler Division) Rajesh Jejurikar said: "The unseasonal rains and hailstorms have adversely affected the Rabi crop output leading to negative market sentiments."
