JLR started to resume manufacturing earlier this month after an almost six-week shutdown caused by the hack
We have made this decision to give clarity for the coming week as we build the timeline for the phased restart of our operations and continue our investigation, the company said
Tata Motors' consolidated net profit tanked 51.2 per cent year-on-year (Y-o-Y) to ₹8,556 crore in the March quarter of financial year 2025 (Q4FY25), from ₹17,528 crore in Q4FY24.
Tata Motors shares were buzzing in trade a day ahead of Q4 results, with the stock rising up to 3.39 per cent to hit an intraday high of ₹732.55.
Jaguar Land Rover India on Thursday reported the best-ever performance in a fiscal with retail sales of 6,183 units in FY25, a growth of 40 per cent over FY24. Dispatches to dealers rose 39 per cent year-on-year to 6,266 units last fiscal. Jaguar Land Rover (JLR) India said retail and wholesales in the fourth quarter increased to highest ever level at 1,793 and 1,710 units, respectively, registering an annul growth of 110 per cent and 118 per cent in the two respective sales figures. Last fiscal, Defender was the highest selling model for the company logging a growth of 90 per cent, followed by locally-manufactured Range Rover and Range Rover Sport at 72 and 42 per cent, respectively, the automaker said. "The company has outpaced the luxury car industry with retail and wholesale growth of around 40 per cent in the current year on the back of 81 per cent year-on-year growth in FY24," JLR India Managing Director Rajan Amba stated. The success is a testimony to the company's strong .
JLR posts flat volume growth for FY25
The announcement comes soon after JLR announced a temporary pause in the shipments to the US in response to the 25 per cent tariff on auto imports imposed by the Donald Trump administration
The northward move in the Tata Motors share today came after domestic brokerage DAM Capital upgraded Tata Motors to 'Buy' from 'Neutral'
The decline in Tata Motors share came on the back of disappointing sales figures for Jaguar Land Rover (JLR) in the September quarter (Q2FY25).
In the past week alone, Tata Motors' stock has climbed 18 per cent following an upgrade from brokerage firm Nomura, which set a 'Buy' rating and a target price of Rs 1,294 per share.
Prices of 'flagship car' and its sport variant will reduce by 18-22%, say senior executives of Tata Motors-owned company
We have the full EV starting with the Range Rover around the end of next year, Amba said
Luxury automaker Jaguar Land Rover on Thursday reported record sales at 3,582 units for nine months ended December 31, 2023. The company said its sales rose 93 per cent year-on-year as compared to the April-December period of the last fiscal. Range Rover and Defender continue to lead with a year-on-year (YoY) rise of 250 per cent, contributing to over 75 per cent of the current order book, the automaker said. In the October-December quarter, the company reported a 74 per cent YoY growth, achieving retail sales of 1,226 units, it added. The newly launched Range Rover Velar witnessed a YoY sales growth of 183 per cent in the quarter, JLR said. "Over the past nine months, JLR's progress in India has been characterised by consistent and substantial growth. Each quarter has shown an impressive year-on-year surge of nearly 100 per cent," JLR India Managing Director Rajan Amba said. The burgeoning order bank and continuous order intake signal a robust demand, underscoring promising futu
Jaguar Land Rover (JLR) India on Thursday reported its highest-ever performance in the first half of this fiscal with sales of 2,356 units. The automaker had retailed around 1,194 units in the April-September period of the last financial year. The strong half-yearly growth was driven by record sales in both quarters, with Q2 witnessing a 108 per cent year-on-year (YoY) growth and retails of 1,308 units, JLR India said in a statement. The company had previously reported a 102 per cent sales growth in Q1, compared to the same period last year, it added. "The consistent growth in our order book exemplifies the growing strength of our brand and products in the hearts of Indian consumers," JLR India Managing Director Rajan Amba stated. The company would continue to introduce new products that are best suited to meet the discerning needs of customers and invest in strengthening brand desire and client experience, he added. The order book in FY24 has seen consistent growth, with the fir
Performance rides on 209% growth in the Range Rover, Range Rover Sport, Defender sales
The Tata Motors-owned luxury automaker noted that the retail sales for the three-month period continued to be constrained by the global semiconductor shortage
Jaguar Land Rover India on Tuesday said it has commenced bookings for the updated version of F-PACE SUV
JLR performance in China, the region least impacted by Covid-19 in the most recent quarter, has been particularly encouraging
The UK's Treasury department plans to set up a bad bank or asset resolution fund to hold stakes in companies that it may end up part-owning
The group had sold 1,04,964 units in the same month last year