Lahore June 29 2021: Millat tractor price revision notified on June 26 2021 is withdrawn by the company. The previous prices shall prevail till further Information, as per letter issued by Millat Tractors.
Earlier on June 25 2021, company has increased its prices of tractors ranging from PKR70,000 to PKR110,000 on different variants of tractors effective on all bookings registered on and after June 26 2021. Company explained reason of price increase to be increase in the cost of production of tractors on account of increase in the prices of raw material, labour, utilities, other inputs, and depreciation of Pak Rupee.
A L S O || R E A D
TRG management discussed possible buy back of shares and Afiniti IPO
Millat Tractor has sold 32,051 units of tractors during the first 11 months of this fiscal year against sales of 17,328 units during the same period last year.
Millat Tractors Prices List 2021
| Model | HP | Old Price 18-01-2021 | New Price 26-06-2021 | Increase |
| MF-240 | 50 | Rs. 997,500 | Rs. 1,085,700 | +88,200 |
| MF-350 Plus | 50 | Rs. 1,092,000 | Rs. 1,186,500 | +94,500 |
| MF-260 (Turbo) | 60 | Rs. 1,150,800 | Rs. 1,244,250 | +93,450 |
| MF-360 2WD | 60 | Rs. 1,197,000 | Rs. 1,286,250 | +89,250 |
| MF-360 4WD | 60 | Rs. 1,737,750 | Rs. 1,808,100 | +70,350 |
| MF-375-2WD | 75 | Rs. 1,517,250 | Rs. 1,617,000 | +99,750 |
| MF-375 4WD | 75 | Rs. 2,016,000 | Rs. 2,087,400 | +71,400 |
| MF-385 | 85 | Rs. 1,583,400 | Rs. 1,690,500 | +107,100 |
| MF-385 4wd | 85 | Rs. 2,152,500 | Rs. 2,226,000 | +73,500 |
| MF 455 | 100 | Rs. 5,544,000 | (Not available) | |
| MF 470 | 120 | Rs. 7,254,702 | (Not available) |
