Tata Motors shares hit 52-week high on JLR sales boost
Jaguar and Land Rover delivered the highest wholesales in 11 quarters during the quarter ended December.
Jaguar and Land Rover delivered the highest wholesales in 11 quarters during the quarter ended December.
Measures to reduce costs and lower break-even volume at JLR boost bottom line.
In Q4 FY23, global wholesales of Tata Motors, which includes sales of its flagship JLR vehicles, grew 8% YoY at 3,61,361 units.
JLR retail sales stood at 88,121 units in the July to September quarter, compared to 92,710 units in the same period last year.