JLR Targets ₹3.30 lakh crore Revenue, 4% EBIT Margin in FY27

New launches, North America growth and around ₹21,551 crore in cost savings will underpin the financial recovery.

17 Jun 2026 | 1623 Views | By Ketan Thakkar & Darshan Nakhwa

Jaguar Land Rover expects its revenue to increase about 13% to £26 billion (around ₹3.30 lakh crore) in FY27 and has targeted an earnings before interest and tax margin of around 4%, as it looks to recover from a year affected by a cyberattack, tariffs and production disruptions.

The British luxury vehicle manufacturer has also set a target of achieving breakeven operating cash flow during the year, compared with an outflow of £2.3 billion (around ₹29,157 crore) in FY26.

Investment is expected to rise to £3.7 billion (around ₹46,905 crore) in FY27 from £3.6 billion (around ₹45,637 crore) in the previous year, according to the company’s Investor Day presentation.

JLR had reported revenue of about £23 billion in FY26, while its EBIT margin remained above zero. The company recorded a strong recovery in the fourth quarter after production returned to normal levels.

The FY27 targets form part of JLR’s plan to achieve double-digit revenue growth over the medium term by expanding its product portfolio, offering more powertrain choices and increasing its focus on North America.

“As we enter a critical business delivery phase of our Reimagine strategy, launching five new products over the next two years across our incredible House of Brands, now is also the time to evolve our plan to offer global markets greater propulsion choice to unlock growth and build resilience,” JLR Chief Executive Officer P B Balaji said.

The company plans to launch the Range Rover Electric and Range Rover Sport Electric later this year. It will also reveal Jaguar’s new electric four-door grand tourer, Type 01.

Additional vehicles will follow under the Range Rover and Defender brands on JLR’s Electrified Modular Architecture.

Cost Savings to Support Margin Recovery
JLR plans to generate £1.7 billion (around ₹21,551 crore) in cumulative cost savings over the next two years under a programme called Enterprise Missions.

The programme will focus on reducing material costs, warranty expenses and fixed costs. It will also seek to improve product launches and vehicle delivery from the factory.

The savings are expected to help JLR bring its cash breakeven volume towards 300,000 vehicles over the next two years. The company said process improvement would be critical to meeting the savings and profitability targets.

JLR is also investing in cybersecurity, supply-chain resilience, and its digital infrastructure after a cyber incident forced it to pause production for five weeks in FY26.

North America to Lead Growth Push
North America will be a key part of JLR’s growth plan. The region accounted for about 28% of the company’s wholesale volumes and is its largest market.

“To truly manifest the power of our brands, we will increase our focus on North America, our biggest market,” Balaji said. “The rising demand for luxury products coupled with the strong preference we see for our brands signals significant growth potential,” he added.

JLR plans to develop products specifically for North American customers and has signed a non-binding memorandum of understanding with Stellantis to explore products and technologies for the Defender brand in the US.

“Our aspiration, in the coming years, is to grow our US business to the size of the entire JLR business as it exists today,” Balaji said.

The company will continue to invest in the UK, Europe and China while developing markets such as India and the Middle East.

Rupee conversions in this story are approximate and based on a GBP-INR exchange rate of ₹126.77 per pound as of June 17, 2026.

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