Tata Motors PV posts quarter 3 loss of Rs 3,483 crore
JLR, which contributes nearly 80% of TMPV’s revenue, was forced to halt production for five weeks until early Oct following the cyberattack.
The incident resulted in loss of $228.5 million in July-Sept and prompted the UK govt to step in with a loan guarantee of $2.04 billion to support the luxury carmaker’s supply chain.During Q3FY26, TMPV’s revenue declined nearly 26% to Rs 69,605 crore.
JLR’s revenue fell about 34% to Rs 53,849 crore, while non-JLR revenue, including the India passenger vehicle business, rose 24% to Rs 15,317 crore.
JLR’s earnings before interest and taxes (EBIT) margin deteriorated to negative 6.8%, compared with a positive 9% a year earlier.Management expects a significant improvement in JLR’s performance in Q4FY26, despite continued volatility in the external environment.
