JLR Q4 Sales Rise 1%, Achieves Zero Net Debt Target in FY25

Tata Motors-owned Jaguar Land Rover (JLR) reported a 1.1% year-on-year increase in wholesale dispatches to dealers in the fourth quarter of FY25, reaching 1,11,413 units, excluding sales from its Chery Jaguar Land Rover joint venture in China.

In a statement released Monday, the UK-based luxury carmaker said the North American and European markets drove the quarterly growth, with wholesale volumes rising 14.4% and 10.9% respectively. Sales remained largely flat in the UK, registering a modest 0.8% uptick.

However, the company saw declines in other key markets. Dispatches to China fell 29.4%, while other international markets posted an 8.1% drop, impacting the overall growth rate.

Despite regional fluctuations, JLR achieved a major financial milestone — the company met its zero net debt target for FY25, marking a significant turnaround in its balance sheet and reinforcing its financial stability.

The mixed performance reflects both regional market dynamics and the brand’s ongoing transformation strategy, as it continues to invest in electrification, innovation, and supply chain resilience.