Mahindra tractor sales fall 13% in April to 18,011 units
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Auto major Mahindra & Mahindra's total tractor sales in April were down 13% at 18,011 units as against 20,731 units in the same month last year.
Domestic tractor sales in April stood at 17,006 units against 19,895 units in the year-ago month, down 15%, 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%, 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.
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