Mumbai, March 1 -- While domestic sales fell 16.6% to 6,041 units, tractor exports slipped by 22.26% to 440 units in February 2024 over February 2023.

"Tractor sales dipped this month due to the continuing impact of uneven monsoon coupled with insufficient rainfall and diminished reservoir levels which impacted the Kharif output. Anticipated improvements in the Rabi harvest and early signs of a normal monsoon next year are projected to enhance overall sentiments and drive an uptick in tractor sales in the next fiscal year." the company said in regulatory filing.

Further, the company's construction equipment business division sold 611 machines in February 2024, registering a growth of 30% as compared with 470 machines sold in February 20...