Tata Motors Faces Financial Setback Amid JLR Cyber Incident
Tata Motors Passenger Vehicles reported a net loss of Rs 3,483 crore in Q3 FY26, largely due to a cyber incident affecting Jaguar Land Rover. In contrast, the company had a net profit of Rs 5,485 crore in the previous year. Total revenue declined to Rs 70,108 crore.
- Country:
- India
Tata Motors Passenger Vehicles has announced a consolidated net loss of Rs 3,483 crore for the third quarter ending December 2025. The significant downturn is attributed to a cyber incident at its British subsidiary, Jaguar Land Rover (JLR). This follows a net profit of Rs 5,485 crore in the same period last year, according to the company's regulatory filing.
The company's consolidated total revenue from operations fell to Rs 70,108 crore during the quarter, down from Rs 94,472 crore in the previous year. The decline is also reflected in the total expenses, which were reported as Rs 74,880 crore compared to Rs 89,698 crore in the year-ago period.
Notably, Tata Motors incurred exceptional items totaling Rs 1,600 crore during Q3 FY26, related to the JLR cyber incident, the new labour code, and stamp duty. Despite these challenges, the company's domestic performance improved on a quarter-on-quarter basis due to increased volumes and incentives, the company stated.
(With inputs from agencies.)
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