Jaguar Land Rover (JLR) reported strong financial results for Q3 FY25, achieving record Q3 revenue, its highest EBIT margin in a decade, and a ninth consecutive profitable quarter. Revenue for the quarter reached £7.5 billion, up 2% year-over-year, while YTD revenue remained flat at £21.2 billion.
Profit before tax and exceptional items stood at £523 million for the quarter, bringing YTD profit to £1.6 billion—the highest Q3 YTD profit in a decade. EBIT margin improved to 9.0%, reflecting higher volumes, a better product mix, and reduced depreciation costs.
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JLR continues advancing its Reimagine strategy, unveiling the Jaguar Type 00 design vision in Miami and preparing for the launch of the all-electric Range Rover later this year.
Electrification efforts remain strong, with the Range Rover Electric waiting list growing to 57,000 and plug-in hybrid sales increasing 163% year-over-year. Sustainability initiatives also progressed, including the development of industry-first recycled seat foam.
The company is investing in new special paint facilities in the UK and Slovakia to meet personalization demand while reducing emissions. Additionally, a partnership with Tata Communications will introduce enhanced vehicle connectivity from 2026.
Despite global economic challenges, JLR remains on track to meet its FY25 targets, aiming for an EBIT margin of at least 8.5% and positive net cash flow. CEO Adrian Mardell emphasized the company’s strong momentum, crediting employees and partners for driving record performance and continued progress in electrification.
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