Automotive & Parts #mahindra#tractors
Mahindra retains FY27 tractor growth guidance despite 18% jump in June-quarter volumes
Mahindra & Mahindra retained its FY27 guidance for mid-single-digit growth in the domestic tractor industry despite an 18% jump in June-quarter domestic volumes. The company sold 158,000 tractors with a 44.9% market share, while farm machinery revenue hit a record ₹362 crore. Management cited a high second-half base and monsoon uncertainty for the cautious outlook.
Jul 31, 2026 1 source