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Live2026-08-22 13:06 UTC+13 todayUpdated

Mahindra February 2026 Tractor Sales: Domestic Up 35% to 32,153 Units, Exports Rise 20%

Mahindra & Mahindra sold 32,153 tractors in India in February 2026, up 35% year-on-year, with total sales reaching 34,133 including exports.

Domestic tractors sold (Feb 2026)
32,153 units
Domestic sales growth (YoY)
35%
Total sales including exports (Feb 2026)
34,133 units
Export sales (Feb 2026)
1,980 units, up 20%

What Happened

Mahindra & Mahindra’s Farm Equipment Business (FEB) said it sold 32,153 tractors in the domestic market in February 2026, up 35% from 23,880 units a year earlier. Including exports of 1,980 units, total February sales reached 34,133 tractors, against 25,527 in February 2025. The Mumbai-based company announced the figures on March 1, 2026.

February 2026 vs February 2025 Sales
Domestic
32,153 vs 23,880 (+35%)
Exports
1,980 vs 1,647 (+20%)
Total
34,133 vs 25,527 (+34%)
We have sold 32,153 tractors in the domestic market during February 2026 registering a robust growth of 35% over last year. Robust growth in the rabi sowing area, healthy reservoir levels, favourable kharif harvest is strengthening cash flows in rural markets. These positive sentiments along with Navratri in this month, will help boost tractor demand. In the exports market, we have sold 1,980 trac
Veejay Nakra, President – Farm Equipment Business, Mahindra & Mahindra Ltd.
FY2026 Year-to-Date February vs FY2025
Domestic
462,527 vs 374,512 (+24%)
Exports
18,841 vs 15,195 (+24%)
Total
481,368 vs 389,707 (+24%)

Domestic year-to-date sales reached 462,527 units in fiscal 2026 (F26), up 24% from 374,512 in F25. Exports year-to-date were 18,841 units, also up 24%, bringing total year-to-date sales to 481,368 units compared with 389,707 a year earlier. Export figures include CKD kits.

Why this matters

The 35% jump in domestic tractor sales reflects strengthening cash flows in rural markets, which Mahindra attributes to robust rabi sowing, healthy reservoir levels, a favourable kharif harvest and the festive Navratri period. That matters because tractors are a key farm investment, and rising demand supports Mahindra's Farm Equipment Business and its presence in Indian agriculture. Exports also grew 20%, broadening the company's reach beyond India.

Terms in This Story

rabi
The winter cropping season in the Indian subcontinent; crops are sown after the monsoon and harvested in spring.
kharif
The monsoon cropping season in the Indian subcontinent; crops are sown with the start of the rains and harvested in autumn.
CKD
Completely Knocked Down — a vehicle or machine shipped in parts to be assembled at the destination market.
YTD
Year-to-date; the period from the start of the fiscal year to the current date.
Read Original: Mahindra & Mahindra

Summarised from the linked release; details can be imperfect — always verify against the original source.