Latest News | JLR Reports 22 Pc Rise in Retail Sales in FY24
Get latest articles and stories on Latest News at LatestLY. Tata Motors-owned Jaguar Land Rover on Monday reported a 22 per cent year-on-year increase in its retail sales at 4,31,733 units for fiscal ended March 31, 2024.
New Delhi, Apr 8 (PTI) Tata Motors-owned Jaguar Land Rover on Monday reported a 22 per cent year-on-year increase in its retail sales at 4,31,733 units for fiscal ended March 31, 2024.
During the last fiscal, the company's wholesales rose 25 per cent to 4,01,303 units against 2022-23 financial year, Tata Motors said in a regulatory filing.
The wholesale volumes and retail sales of the UK-based automaker were higher in all regions as compared to the preceding year, it added.
Jaguar Land Rover (JLR) wholesales in the fourth quarter stood at 1,10,190 units, up 16 per cent as against it was a year ago.
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Retail sales in the January-March quarter stood at 1,14,038 units, up 11 per cent from FY23.
Compared to the prior year, retail sales in the quarter were 32 per cent higher in the UK, 21 per cent in North America, and 16 per cent in the Overseas region.
Retail sales in China and Europe fell 9 per cent and 2 per cent, respectively in the fourth quarter over FY23.
Shares of Tata Motors settled 0.59 per cent higher at Rs 1,012.95 apiece on the BSE.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)