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Jaguar Land Rover Achieves Record Revenues and Profit Increase

Jaguar Land Rover (JLR) has reported record revenues of £13.8 billion for the first half of the financial year, representing a 42% year-on-year increase. Additionally, the company experienced a significant boost in profits.

During the second quarter of the 2023-2024 financial year, JLR generated £6.9 billion in revenue from July to September. The pre-tax profit for the period amounted to £442 million, which is a remarkable improvement compared to the £173 million loss recorded in the same quarter last year.

These latest financial results reveal a rapid recovery for JLR, following the heavy losses incurred during the pandemic.