JLR India reports 31% growth in Q1 FY25, driven by strong sales of Defender and Range Rover models

ETAuto Desk ETAuto Desk | 07-11 00:20

The positive performance in early FY25 highlights the company's consistent growth and increasing demand.
New Delhi: JLR India announced a strong start to FY25, reporting 31% year-on-year growth in the first quarter that ended on June 30, 2024. The company achieved quarterly retail sales of 1,371 units, continuing the momentum from the previous year. Both the Defender and Range Rover Evoque experienced growth exceeding 50%, with the Defender being the best-selling model. Range Rover, Range Rover Sport, and Defender account for 75% of the total order book.

Rajan Amba, Managing Director of JLR India, expressed satisfaction with the company's performance, stating, "We are pleased to report that our performance is tracking favourably as per our expectations. Alongside our robust sales, our order bank also grew by 10% compared to the beginning of the fiscal year showing continuous growth in demand while we continue to enhance our supplies into the market. The Defender remains our most sought-after model, and with the extraordinary response to the locally manufactured Range Rover and Range Rover Sport, we are confident of sustaining this momentum and delivering another successful year. The Indian market is responding well to our exciting product lineup, and we are committed to our discerning clientele as we continue to create the world’s most desirable luxury vehicles."

The positive performance in early FY25 highlights the company's consistent growth and increasing demand.

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