Overview
- JLR reported a £485m loss before tax and exceptional items for the quarter to 30 September, reversing a £398m profit a year earlier.
- Revenue fell 24% to £4.9bn in the quarter, with first‑half revenue down 16% to £11.5bn.
- Exceptional charges reached £238m, including £196m tied to the cyber incident and £42m for a voluntary redundancy programme.
- Production was halted for five weeks from 1 September, a phased restart began on 8 October, and output across all brands has now resumed.
- UK ministers outlined £1.5bn in financing and JLR arranged £500m for suppliers, while US tariffs and FX added a £254m drag as industry data showed a sharp September output fall and broader economic effects.