Tata Motors reports loss due to JLR cyber-attack
after close1 source ↓written by the desknot a recommendation
- to ₹723.49 bn
- 14%
- in exceptional costs
- £196m
Tata Motors Passenger Vehicles reported a loss of ₹54.62 bn in Q2 FY26, down from a profit of ₹47.77 bn a year earlier, primarily due to a cyber-attack at Jaguar Land Rover. The attack forced a five-week shutdown of IT systems and manufacturing, impacting revenue, which fell 14% to ₹723.49 bn. JLR incurred £196m in exceptional costs due to the incident.
Not investment advice. For informational purposes only.