Currently reading: Weak pound causes JLR profit drop despite record Q3 revenue

Foreign exchange revaluations hit what was otherwise a hugely successful quarter for the British manufacturer

JLR has reported a year-on-year drop in profits for the third quarter of its 2025 fiscal year, despite bringing in record revenue and its best profit margin for the quarter in a decade.

The British manufacturer reported £523 million in profit before tax (PBT) and exceptional items and £375 million in profit after tax (PAT) between October and the end of December.