Total revenue for Mahindra's fiscal year 2020 was reported at $6.8 billion, down 15.2% from $8.1 billion in fiscal year 2019.

According to a report from ETAuto, the company reported tractor sales up 2% year-over-year last month, with 24,017 units sold, compared to 23,539 sold in May 2019.

On Sept. 1, the Indian tractor manufacturer announced that its August domestic tractor sales had fallen 15% to 13,871 units, compared to 16,375 units in August 2018. Additionally, Mahindra reported that its tractor exports had also dropped 33% to 946 units in August 2019, compared to 1,410 units in August 2018.

Farm equipment maker Mahindra Tractors reported a 40% increase in tractor sales in April to 16,304 units, compared to 11,641 units in the same month last year.