Sonalika Tractors has achieved its highest-ever Q1 sales, totaling 41,465 tractors. The company also recorded its best June performance in the domestic market, selling 14,062 tractors. This marks a 16.6% sales growth and a 1.4% increase in market share, the highest among all tractor brands. In June 2023, Sonalika sold 12,056 tractors in the domestic market.
Raman Mittal, Joint Managing Director of International Tractors Limited, expressed joy over this achievement. “We are thrilled to report our best-ever Q1 performance in FY25 with record overall sales of 41,465 tractors and a Q1 market share of 14.4%. Our June 2024 domestic sales of 14,062 tractors represent a 16.6% growth and a 1.4% market share gain, the highest among tractor brands,” he said.
The early arrival of the monsoon in India has boosted the agriculture sector, with Kharif crop planting increasing by over 30% in FY25. La Nina conditions are expected to improve in the second half of the monsoon season, potentially compensating for any current rainfall shortfall.
Sonalika Tractors is a prominent tractor manufacturer in India, known for its high-performance and durable farming equipment. Established in 1995, the company has rapidly grown to become one of the leading tractor brands in the country. It offers a wide range of tractors catering to various agricultural needs, from small-scale farming to large agricultural operations.
Sonalika Tractors is recognized for its innovative technology, fuel-efficient engines, and robust build quality. The company exports its products to more than 120 countries, showcasing its global reach and commitment to quality. With a strong focus on customer satisfaction and continuous improvement, Sonalika Tractors continues to play a vital role in the agricultural sector.
