JLR DELIVERS 11th SUCCESSIVE PROFITABLE QUARTER AMID CHALLENGING GLOBAL ECONOMIC CONDITIONS

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JLR DELIVERS 11TH SUCCESSIVE PROFITABLE QUARTER AMID CHALLENGING GLOBAL ECONOMIC CONDITIONS

• Revenue for Q1 was £6.6 billion, down 9.2% year‑on‑year (YoY) impacted by significant new US trade tariffs* and planned legacy Jaguar wind down
• Profit before tax and exceptional items (“PBT”) was £351 million for Q1, down 49.4% YoY, impacted by US tariffs* and FX headwinds 
• EBIT margin was 4.0%; guidance range of 5% to 7% for FY26 remains unchanged
• JLR welcomed signing of UK‑US trade deal to reduce tariffs on UK‑produced vehicles exported to the US from 27.5%* to 10%, effective from 30 June 2025
• EU‑US trade deal announced on 27 July 2025 will, in due course, reduce tariffs on JLR’s EU‑produced vehicles exported to US from 27.5%* to 15% 

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INTRODUCING RANGE ROVER SV BLACK

NOTICE FOR RELEASE OF JAGUAR LAND ROVER AUTOMOTIVE

• Tata Motors Group (including JLR) Q1 Fiscal 2025/26 results call on Friday 8 August 2025 at 2pm UK time 
• JLR standalone Q1 Fiscal 2025/26 results call on Friday 8 August 2025 at 4pm UK time  

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DEF 26MY OCTA BLACK

VOLUMES IN LINE WITH JLR’S EXPECTATIONS IN CHALLENGING FIRST QUARTER

• Wholesales in Q1 FY26 were 87,286 units, down 10.7% vs. Q1 FY25
• Retail sales in Q1 FY26 were 94,420 units, down 15.1% vs. Q1 FY25
• Planned wind down of legacy Jaguar models and US tariffs impacted volumes as expected
• Range Rover, Range Rover Sport and Defender model mix at 77.2% of total wholesale volumes in Q1 FY26, up from 66.3% in prior quarter and 67.8% year‑on‑year

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QUARTER ONE RESULTS 2025/26

87,286

WHOLESALES (UNITS)

£6,604m

REVENUE

£351M

PROFIT/(LOSS) BEFORE TAX & EXC. ITEMS

£(758)M

FREE CASH FLOW

4.0%

EBIT %

9.3%

EBITDA %

“
Thanks to our talented people and the robust foundations we have built at JLR, we delivered an 11th successive profitable quarter amid challenging global economic conditions. We are grateful to the UK and US Governments for delivering at speed the new UK‑US trade deal, which will lessen the significant US tariff impact in subsequent quarters, as will, in due course, the EU‑US trade deal announced on 27 July 2025. Looking ahead, we remain focused on delivering our transformational Reimagine Strategy, including investing £3.8 billion this financial year to support the development of our next‑generation vehicles, including our stunning new electric Range Rover and Jaguar models.
- Adrian Mardell, Chief Executive Officer

FULL YEAR RESULTS 2025/26

87,286

WHOLESALES (UNITS)

£6,604m

REVENUE

£351M

PROFIT/(LOSS) BEFORE TAX & EXC. ITEMS

£(758)M

FREE CASH FLOW

4.0%

EBIT %

9.3%

EBITDA %

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