Sonalika Tractors Clocks Highest Ever Q1 Total Sales

Tractor manufacturer, Sonalika has registered its highest ever Q1 overall sales of 39,274 tractors, which is 18 percent growth above 33,219 overall tractor sales recorded in the corresponding period in FY’22. With a dominating Q1 performance, the company has further accelerated its journey in the on-going financial year and cemented its position for upcoming seasons ahead.

Despite unprecedented heat waves affecting crop production across the country, the MSP uptick from the government side has facilitated healthy rural cash flow, thereby driving tractor overall demand in Q1 FY’23. The company says that as monsoon continues to expand its base across the country, Sonalika Tractors will remain at the forefront to support farmers win their everyday farming challenges.

Commenting on achieving the new Q1 performance milestone, Raman Mittal, Joint Managing Director, International Tractors, said, “Delivering on farmer’s expectations month after month empowers us to set new benchmarks both in terms of product as well as performance. Achieving our highest ever Q1 overall sales of 39,274 units with 18 percent growth is a testament that we understand farmers and their regional market requirements well, which subsequently boils down to reinforced farmer trust in brand Sonalika. Strategically supported by our unique approach of customising our tractor portfolio, I am optimistic that we have set our FY’23 course in the right direction for upcoming seasons later during the year. Sonalika Tractors will continue to address regional farmer requirements to ensure high productivity and income for their buoyant future.”