Tata Motors Ltd.'s Jaguar Land Rover expects a positive free cash flow of £300 million in the September quarter due to higher sales following a better supply of semiconductors.
The company's retail sales, including the China joint venture, rose 21% to 1.07 lakh units in the second quarter, with all regions reporting growth in sales, according to an exchange filing on Thursday.
The dispatches to dealerships, excluding the China joint venture, rose 29% year-on-year and 4% sequentially to 96,817 units.
The continued improvement in the supply of specialised semiconductors helped the company ramp up production and sales.
Due to increased delivery of vehicles, the UK-based luxury carmaker's orderbook was reduced to 1.68 lakh units from 1.85 lakh units at the end of the first quarter.
Range Rover, Range Rover Sport, and Defender demand remains particularly strong, representing 77% of the order book, it said.
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