Tata Motors faces ₹3,200 cr losses from cyberattack
after close1 source ↓written by the desknot a recommendation
- in production
- 50,000 units
Tata Motors' subsidiary Jaguar Land Rover is grappling with losses of ₹3,200 cr due to a cyberattack that disrupted production. The company reported exceptional charges of ₹2,600 cr over two quarters, excluding further losses from 50,000 units in production. This ongoing impact raises concerns for traders regarding future earnings and operational stability.
Not investment advice. For informational purposes only.