Farm Equipment
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Mahindra Sees 3Q Tractor Sales Rise 22%

July 23, 2009

The Hindu Business Line reported on February 14 that Mumbai, India-based Mahindra & Mahindra posted a 9.3% increase in net profit for the third quarter ended December 31. Overall, the company sold 76,362 tractors during the period, an increase of 22.1% vs. the same period one year ago. 

The company says its domestic market share grew to 41.9% vs. 41.4% a year earlier.