Jaguar Land Rover Announces Q4 Results for 2013/14 Fiscal Year
OREANDA-NEWS. Tata Motors reported the third quarter results of the 2013/14 fiscal year for Jaguar Land Rover Automotive plc today. Retails in the quarter increased by 27 percent year-on-year to 112,172 vehicles. This reflects a strong demand for the new and refreshed Jaguar and Land Rover line-up, which saw particularly strong performances from the Jaguar XJ, XF, Range Rover and Range Rover Sport. Strong global sales volumes alongside a richer product-mix resulted in revenues of GBP 5,328m for the third quarter. Profit before tax increased to GBP 842m for the quarter. Commenting on the results, Jaguar Land Rover's chief executive officer, Dr Ralf Speth, said: “Our financial performance for this and the preceding quarters is a testament to the quality of Jaguar Land Rover's award-winning product offerings which continue to meet the exact standards demanded by our customers around the world.”
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