![]() ![]() On Thursday, shares of Tata Motors ended 2.6% higher at 437.65 on NSE. JLR reported benign cash flows on a sequential basis on the back of increased wholesale volumes coupled with a favourable mix and better pricing. JLR’s profit (before tax) was 265 million pounds in the December quarter, up from a loss of 9 million pounds a year ago, with a positive EBIT margin of 3.7%, up from 1.4% in Q3 of FY22. ![]() In the December quarter, JLR achieved positive free cash flows and posted profits with an improvement in supplies following a loss-making September quarter. On a preliminary basis, JLR expects to achieve free cash flows of at least £800 million in the March quarter and more than £500 million for the full year.Īccording to Tata Motors, JLR’s initial estimated cash balance is at £3.7 billion and net debt of around £3 billion. JLR expects to report results for the fourth quarter and full year ended 31 March 2023 in May 2023," the parent company told the exchanges. “Range Rover, Range Rover Sport and Defender demand remains particularly strong, representing 76% of the order book. Tata Motors said JLR’s order book was strong, with over 200,000 pending orders at the end of the March quarter, which is, however, about 15,000 lower than the 31 December 2022 order book, hinting at the higher retail sales in the March quarter. Wholesale volumes for the Defender rose to 27,513 units in the March quarter from 23,816 in the preceding three months, with the company continuing to operate a third shift at the Nitra facility in Slovakia. Gaydon, UK, 1 June 2023: Jaguar Land Rover has unveiled its new corporate identity today, as part of its move to a House of Brands organisation. JLR’s flagship Range Rover and Range Rover Sport dispatches continued to rise with 32,950 units during the quarter, up from 28,000 units in the December quarter. Wholesales, excluding China, were up 9% over FY22 to 321,362 units. Retail sales were higher across markets led by Europe (47%), the UK (42%), China (29%), overseas (29%) and North America (12%) in FY23, compared to 376,381 units in 2021-22. Prices are applicable to 2022 models only.JLR’s retail sales for the March quarter were at 102,889 units, including the Chery Jaguar Land Rover China joint venture, up 21% from the previous quarter and 30% compared to the year-ago quarter. Prices shown are inclusive of Value-Added Tax (VAT). Please consult your Retailer who will be able to confirm any current restrictions with you in order to allow an informed choice This is a very dynamic situation, and as a result imagery used within the website at present may not fully reflect current specifications for features, options, trim and colour schemes. The global shortage of semiconductors is currently affecting vehicle build specifications, option availability, and build timings. Important note on imagery & specification. JAGUAR LAND ROVER LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return. Please contact your local dealer for local availability and prices. The information, specification, prices and colours on this website may vary from market to market and are subject to change without notice. The figures provided are as a result of official manufacturer's tests in accordance with EU legislation.Ī vehicle's actual fuel consumption may differ from that achieved in such tests and these figures are for comparative purposes only. Jaguar Land Rover Limited: Registered office: Abbey Road, Whitley, Coventry CV3 4LF. ![]()
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