UK, 13 May 2025: JLR, a premium automobile manufacturer from the UK, announced a pre-tax profit of £2.5 billion for the fiscal year ended March 31, a decade-high performance and an increase of 15% over the previous fiscal year. In its 2024/25 financial report, the company revealed that it successfully navigated global economic pressures to generate £29 billion in revenue, delivering its strongest annual financial results in ten years.

The company also saw solid gains in its final quarter, with pre-tax earnings climbing to £875 million, up from £661 million during the same period in 2024. The company has maintained profitability for the tenth quarter running. These statistics are solidifying JRL’s upward momentum towards becoming one of the biggest players in the region.

As the quarter concluded, JLR remained on firm financial ground, with cash reserves totaling £4.6 billion and net cash of £278 million, set against a gross debt of £4.4 billion. In parallel, the company opened a £3 million Electrification Academy at its Halewood facility, aimed at equipping its workforce with the skills needed for the transition to electric vehicles, underscoring its dedication to a sustainable and electrified future.

Based in Coventry, with manufacturing hubs across the West Midlands and Halewood in Merseyside, JLR is advancing its electrification strategy. According to the annual report by JRL, the company has successfully tested electric vehicle production lines at its Solihull facility ahead of launching the Range Rover Electric. The site is also being prepared to accommodate production of upcoming electric Jaguar models.

In an official press release by JRL, Chief Executive Officer of JRL, Adrian Mardell has stated, “JLR has ended the year with strong annual and quarterly earnings, including delivering our tenth consecutive profitable quarter and our net debt zero target. We have achieved record sales of Defender, revealed the stunning Jaguar Type 00 and we are preparing to launch the wonderful Range Rover Electric.

Adrian Mardell further added, “This strong and consistent performance, the commitment of our people, partners and clients and the appeal of our luxury brands will support our response to current global economic challenges including the evolving global trading environment.”

With its highest-ever profits, expanding electric vehicle capabilities, and a robust financial position, JLR is clearly charting a path for sustained success in an evolving automotive industry. As it gears up to launch its new wave of EVs, most notably the eagerly awaited Range Rover Electric which the company remains firmly focused on advancing innovation, sustainability, and premium quality. These strengths are helping to solidify JLR’s role as a key player in the global luxury vehicle segment.