Key Highlights:
- Total retail sales of 1,371 units in Q1 FY25, marking a 31% year-on-year growth.
- Record wholesale volumes in Q1 FY25, achieving a 45% year-on-year increase.
- Exceptional demand following the launch of locally manufactured Range Rover and Range Rover Sport.
- Order intake grew by 23% year-on-year.
- Defender emerged as the highest-selling model, with sales up by 52%.
JLR India has announced an impressive start to FY25, showcasing robust performance in the first quarter ending June 30, 2024. The company recorded a 31% year-on-year growth, with quarterly retail sales reaching 1,371 units, maintaining the momentum from the previous year. The Defender and Range Rover Evoque saw significant growth, each exceeding 50%, with the Defender becoming the highest-selling model in the portfolio. Together, the Range Rover, Range Rover Sport, and Defender account for 75% of the total order book.
Mr. Rajan Amba, Managing Director of JLR India, commented, “We are pleased to report that our performance aligns well with our expectations. In addition to our robust sales, our order bank grew by 10% compared to the start of the fiscal year, indicating continuous demand growth as we enhance our market supplies. The Defender remains our most sought-after model, and the extraordinary response to the locally manufactured Range Rover and Range Rover Sport reinforces our confidence in sustaining this momentum for another successful year. The Indian market is responding enthusiastically to our exciting product lineup, and we remain committed to our discerning clientele as we continue to create the world’s most desirable luxury vehicles.”
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