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PRIVACY
Manufacturing

JLR posts highest profit in a decade

Car maker enjoys healthy sales and profits

(Image: Bloomberg via Getty Images)

º£½ÇÊÓÆµ car maker JLR has posted pre-tax profit of £2.5 billion - a 15 per cent year-on-year rise and the firm's highest profit in a decade.

The company also said in its newly released annual results for the year to April that revenue was £29 billion which it described as "flat" when compared with 2023/24.

Its final quarter results also saw pre-tax profit hit £875 million - up from £661 million in 2024 and the manufacturer's tenth consecutive profitable quarter.

Revenue for the quarter was £7.7 billion, down 1.7 per cent on the fourth quarter of 2024.

The car maker said the increased numbers reflected higher sales volumes.

At the end of the quarter, the cash balance was £4.6 billion and net cash was £278 million, with gross debt of £4.4 billion.

These figures come just weeks after the manufacturer announced it was pausing exports to the US due to the new tariffs being imposed by President Donald Trump.