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JLR today reports its wholesale and retail sales for the first quarter of FY27, the three months ended 30 June 2026. Volumes were affected by temporary supply constraints, including a fire at a major component supplier at the start of the quarter; market disruption linked to the conflict in the Middle East; and the planned wind down of outgoing Jaguar models ahead of the launch of Jaguar Type 01. Wholesale volumes for the first quarter were 79,300* units (excluding the Chery Jaguar Land Rover China (`CJLR`) JV), down 9.2% year-on-year, and down 16.8% compared to Q4 FY26. Compared to the prior year, wholesale volumes for the first quarter increased in MENA (4.5%) and were flat in North America but declined in the UK (-5.9%), Europe (-12.1%), Overseas ( 20.1%) and China (-26.2%).The strong mix of Range Rover, Range Rover Sport and Defender models continued in Q1 FY27, representing 80.8% of total wholesale volumes, up from 77.2% in Q1 FY26 and 77.1% in the prior quarter.Retail sales for the first quarter of 80,000 units* (including CJLR) were down 15.3% year-on year, and down 13.8% compared to Q4 FY26. Compared to the prior year, retail volumes for the first quarter were down in all markets, with the UK down 1.8%, Europe down 11.4%, North America down 13.1%, Overseas down 18.7%, China down 23.9% and MENA down 41.5%. JLR will report its first quarter financial results for the period ended 30 June 2026 in August 2026. *The volume data included in this release is rounded to the nearest hundred units and provisional. Additional detailed volume data will be available by 7 July 2026 on the Investor Relations pages of the JLR website and will provide the confirmed volumes for the quarter.

JLR today announced plans to unlock double digit revenue growth by giving markets and customers more choice through greater propulsion flexibility on its Range Rover and Defender models and refocusing its strategic intent on the North America market.In an update to investors at its headquarters in Gaydon, UK, Chief Executive Officer PB Balaji will outline the next delivery phase of JLR`s Reimagine strategy, which will focus on maximizing the strength of the company`s House of Brands, growth and building resilience. JLR is targeting medium-term double-digit revenue growth by leveraging its House of Brands strategy to cater to different customer segments and diversify its sources of growth. The company also reconfirms its existing five-year commitment to invest �18bn in future technologies, vehicle platforms and transformation by FY29 (starting FY24), as it drives growth in a flexible propulsion, software and AI defined era. Alongside its key markets in the UK, Europe, and China, JLR will focus on the US as a priority growth region to cater to the extensive and increasing luxury opportunity there by designing exclusive offerings for that market and also strengthen its supply chain resilience. JLR would also continue to invest and grow in future high potential markets including India and the Middle East region.

Tata Motors Passenger Vehicles announced that it will increase prices of its passenger vehicle portfolio, including both internal combustion engine (ICE) and electric vehicles (EV), by up to 1.5%, effective 1 July 2026. This price revision is being undertaken to partially offset the impact of rising input costs and sustained inflationary pressures. While TMPV continues to absorb a significant portion of these increases, a part of the impact is being passed on to customers through this adjustment. The extent of the price increase will vary across models and variants, ensuring that the overall value proposition of each offering is maintained.

Tata Motors Passenger Vehicles sales in the domestic & international market for May 2026 stood at 59,790 units, compared to 42,040 units during May 2025, recording a growth of 42%. Total sales include domestic sales of 59,090 units (up 42% YoY) and international business of 700 units (up 45% YoY).  Total sales include EV sales of 10,517 units (up 85% YoY).

Net profit of Tata Motors Passenger Vehicles declined 31.72% to Rs 5783.00 crore in the quarter ended March 2026 as against Rs 8470.00 crore during the previous quarter ended March 2025. Sales rose 7.21% to Rs 104923.00 crore in the quarter ended March 2026 as against Rs 97863.00 crore during the previous quarter ended March 2025.For the full year,net profit rose 196.05% to Rs 82390.00 crore in the year ended March 2026 as against Rs 27830.00 crore during the previous year ended March 2025. Sales declined 8.28% to Rs 333383.00 crore in the year ended March 2026 as against Rs 363486.00 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales104923.0097863.00 7 333383.00363486.00 -8 OPM %10.7314.70 -5.6713.23 - PBDT12259.0014915.00 -18 22303.0049752.00 -55 PBT7167.0010198.00 -30 2519.0028650.00 -91 NP5783.008470.00 -32 82390.0027830.00 196 Powered by Capital Market - Live News