Quick Takeaways
- Rising farm incomes and favorable weather sharply lifted tractor demand in December 2025.
- Mahindra strengthened its leadership with strong domestic growth and a surge in exports.
On January 01, 2026, Mahindra & Mahindra Ltd.’s Farm Equipment Business announced its December performance, highlighting Mahindra tractor sales December 2025 with strong momentum across domestic and export markets. The company reported a sharp year-on-year increase, reflecting improved farm economics, supportive weather patterns, and sustained rural demand.
In the domestic market, Mahindra sold 30,210 tractors during December 2025, compared with 22,019 units in the same month last year. This represents a 37 percent annual growth, underlining robust replacement demand and higher farmer confidence supported by better cash flows following the Kharif harvest.
Mahindra tractor sales December 2025 driven by farm fundamentals
The growth in Mahindra tractor sales December 2025 has been supported by multiple on-ground factors. Favorable crop yields have improved liquidity in rural markets, while healthy reservoir levels and conducive weather conditions have encouraged higher Rabi sowing acreage. Together, these elements are expected to keep tractor demand steady in the coming months.
Alongside domestic strength, exports also recorded a significant jump. Mahindra shipped 1,649 tractors in December 2025, marking a 78 percent increase compared to the same period last year. Export volumes included completely knocked down units and contributed meaningfully to overall growth.
Combined domestic and export performance overview
Total tractor sales, including domestic and exports, reached 31,859 units in December 2025, up from 22,943 units a year earlier. This reflects an overall growth of 39 percent for the month, demonstrating balanced performance across geographies.
From a year-to-date perspective up to December 2025, Mahindra continued to maintain a strong trajectory:
Management highlighted that improving rural cash flows, stable weather conditions, and expanding cultivated acreage are creating a supportive demand environment. These fundamentals are expected to provide visibility for sustained performance as the agricultural cycle progresses.
In the domestic market, Mahindra sold 30,210 tractors during December 2025, compared with 22,019 units in the same month last year. This represents a 37 percent annual growth, underlining robust replacement demand and higher farmer confidence supported by better cash flows following the Kharif harvest.
Mahindra tractor sales December 2025 driven by farm fundamentals
The growth in Mahindra tractor sales December 2025 has been supported by multiple on-ground factors. Favorable crop yields have improved liquidity in rural markets, while healthy reservoir levels and conducive weather conditions have encouraged higher Rabi sowing acreage. Together, these elements are expected to keep tractor demand steady in the coming months.
Alongside domestic strength, exports also recorded a significant jump. Mahindra shipped 1,649 tractors in December 2025, marking a 78 percent increase compared to the same period last year. Export volumes included completely knocked down units and contributed meaningfully to overall growth.
Combined domestic and export performance overview
Total tractor sales, including domestic and exports, reached 31,859 units in December 2025, up from 22,943 units a year earlier. This reflects an overall growth of 39 percent for the month, demonstrating balanced performance across geographies.
From a year-to-date perspective up to December 2025, Mahindra continued to maintain a strong trajectory:
- Domestic sales reached 391,890 units, growing 21 percent year-on-year
- Exports stood at 14,702 units, up 20 percent
- Total tractor volumes touched 406,592 units, also reflecting 21 percent growth
Management highlighted that improving rural cash flows, stable weather conditions, and expanding cultivated acreage are creating a supportive demand environment. These fundamentals are expected to provide visibility for sustained performance as the agricultural cycle progresses.
Company Press Release
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