JLR reports £2.5 billion profit for FY25, its best in a decade, driven by strong sales, EV progress, and global growth under its Reimagine strategy and new trade deals.

JLR Posts Decade-High £2.5 Billion Profit, Hits Net Cash Target and Readies for EV Expansion

JLR reports £2.5 billion profit for FY25, its best in a decade, driven by strong sales, EV progress, and global growth under its Reimagine strategy and new trade deals.

Jaguar Land Rover (JLR) has reported its strongest financial performance in a decade, with a profit before tax of £2.5 billion for the year ending 31 March 2025 (FY25).

The company also achieved £875 million in profit for Q4 FY25—its tenth consecutive profitable quarter—marking a milestone in the British automaker’s transformation under its “Reimagine” strategy.

Revenue held steady at £29.0 billion for the year, while Q4 revenue slightly dipped by 1.7% YoY to £7.7 billion. EBIT margins hit 10.7% in Q4 and 8.5% for the full year, both the highest in a decade.

Free cash flow reached £1.5 billion annually, with a cash balance of £4.6 billion and net cash of £278 million, confirming JLR’s successful pivot to a cash-positive position.

Record Sales and Electrification Milestones

Defender sales hit a new annual high with 115,404 units, and Range Rover Sport sales rose nearly 20%. Jaguar’s electric renaissance also gained momentum, with over 32,000 global expressions of interest in the upcoming electric GT.

JLR’s electrification efforts advanced with winter testing of the Range Rover Electric and a new EV collaboration with Chery in China under the Freelander brand.

PHEV sales for FY25 grew 21.7%, and Range Rover PHEV sales surged 38.2% YoY. Meanwhile, trials of recycled aluminium alloys with Novelis promise up to 95% energy savings in production.

Enterprise Transformation and Strategic Developments

Key EV production lines at Solihull were tested ahead of Range Rover Electric launches, and Jaguar EV assembly facilities were upgraded. JLR’s Halewood plant also unveiled a £3 million training academy to support electrification skills.

CEO Adrian Mardell highlighted resilience amid global economic uncertainty, including US tariffs. A newly secured US-UK trade deal has now reduced tariffs on UK auto exports to the US from 27.5% to 10% for up to 100,000 vehicles annually, easing pressures on margins.

Looking ahead, JLR maintains its £18 billion five-year investment plan, funded through operations, and will share future strategy updates at its Investor Day on 16 June 2025.

Source: JLR Reports Strong Full-Year Financial Performance and Global Growth

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