Sonalika Tractors, a number one tractor producer and exporter in India has reported its best-ever Q1 gross sales efficiency by promoting 39,274 tractors for the primary quarter of FY2023, a progress of 18 per cent YoY.
The firm says with this efficiency, it’s now accelerating its journey within the on-going monetary 12 months and has cemented its place for upcoming seasons forward.
Sonalia Tractors states that regardless of unprecedented warmth wave affecting crop manufacturing throughout the nation, the MSP uptick from authorities aspect has facilitated wholesome rural money circulation, thereby driving tractor general demand in Q1 FY’23. As monsoon continues increase base throughout the nation, it goals to stay on the forefront to help farmers win their on a regular basis farming challenges.
Raman Mittal, Joint MD, International Tractors mentioned, “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% 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 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.”
Source: www.financialexpress.com”