Lexus reports 63% growth rate in FY24

Lexus reported a growth rate of 63% in fiscal year 2023-24 as compared to the previous fiscal year 2022-23. 

Building on this momentum built in the last year, Lexus has continued its journey into 2024-25, achieving an impressive growth of 60% in April 2024 compared to the same period last year, the press release noted. 

NX350h line-up including the new grade Overtrail with ease of connected technology like the Data communication module has received a positive response and deliveries have started in April’ 24.

Alongside NX350h Overtrail, our flagship model, the Lexus ES300h, remains a cornerstone of the brand’s growing popularity in India. 

Tanmay Bhattacharya, Executive Vice President, Lexus India, said, “The year 2023-24 stands as one of Lexus’s most successful performances in our seven years of presence in India. With distinctive and innovative features, Lexus models continue to enchant discerning guests in the luxury segment.”

“Our dedication to setting new benchmarks in innovation, craftsmanship, and sustainability propels us towards a future where luxury and sustainability seamlessly coexist enriching lifestyle,” he added.