Tata Motors posts robust Q4 global wholesale numbers in Q4FY23

Tata Motors stocks in focus as the Tata Motors Group reported robust global wholesale numbers in Q4 FY23.

The Tata Motor Group global wholesales including Jaguar Land Rover, were at 3,61,361 nos., higher by 8%, as compared to Q4 FY22.

Global wholesales of all Tata Motors’ commercial vehicles and Tata Daewoo range in Q4 FY23 were stood at 1,18,321 nos., lower by 3%, over Q4 FY22.

Global wholesales of Tata Motors passenger vehicles including sales of electric vehicles in Q4 FY23 were at 1,35,654 nos., higher by 10% as compared to Q4 FY22, the company said to the exchanges.

Further, global wholesales for Jaguar Land Rover were 1,07,386 vehicles (JLR number for Q4 FY23 includes CJLR volumes of 12,737 units). 

Jaguar wholesales for the quarter were 15,499 vehicles, while Land Rover wholesales for the quarter were 91,887 vehicles, as per the filing.

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