JLR India reports its highest-ever first quarter sales; here are the details
The company stated that it has an impressive line-up of product initiatives scheduled for the year, starting with the enhanced Range Rover Velar – bookings for which commenced recently.
JLR India on Monday said it has recorded its best-ever first-quarter sales in the country in April-June 2023.
The company said its retail sales rose 102 per cent to 1,048 units in the June quarter as compared with the same period last year.
The performance was enabled by a phenomenal growth of 209 per cent in Range Rover, Range Rover Sport and Defender sales, JLR India said in a statement.
The three models continue to see sustained demand, contributing 78 per cent of the current order book, it added.
"This performance is a testament to the exceptional equity of the JLR brands and our class-leading collection of modern luxury vehicles. Backed by the growing demand among our discerning clients, our order book remains strong and growing, and we are excited and confident of our India story ahead," JLR India Managing Director Rajan Amba stated.
JLR said its pre-owned business grew 137 per cent in the first quarter of the current fiscal.
The company stated that it has an impressive line-up of product initiatives scheduled for the year, starting with the enhanced Range Rover Velar – bookings for which commenced recently.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
SRH vs GT IPL 2024 Ticket Booking Online: Where and how to buy SRH vs GT tickets online - Check IPL Match 66 ticket price, other details
Top 7 SWP Mutual Funds: Rs 50 lakh investment, Rs 70K monthly pension for 10 years, and Rs 42.30 lakh balance value; know more details
Gold and Silver rate today (May 13, 2024): Precious metal under pressure; yellow metal near Rs 72,400, white metal above Rs 84,600
SIP Returns: How Rs 3,000, 5,000, and Rs 10,000 SIPs can help you build retirement corpus of Rs 1.06 cr, Rs 1.77 cr, and Rs 3.53 cr
TBO Tek IPO Listing LIVE Update: Bumper Debut! Share list at 55% premium - Buy, sell or hold? Check Anil Singhvi's view
08:01 PM IST