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Tata Motors5 FebBusinessHigh confidence

Tata Motors Q3 FY26: JLR Revenue Plunges 39.4% on Cyber Incident, Domestic PV Up 24%

JLR Revenue

£4.5bn (down 39.4%)

Domestic PV Revenue

₹15.3K Cr (up 24%)

What Happened

Tata Motors reported consolidated revenues of ₹70.1K Cr (down 25.8%) and an EBIT loss of ₹3.3K Cr. The JLR cyber incident and planned wind-down of legacy Jaguar models weighed on results, but domestic passenger vehicle business saw robust demand with 171k units sold, up 22% YoY.

Q3 was a challenging quarter for JLR with performance impacted by the production shutdown we initiated in response to the cyber incident, the planned wind down of legacy Jaguar, and US tariffs.
JLR
Domestic PV Revenue

₹15.3K Cr

up 24% YoY

Why this matters

The quarter shows how external factors like cyber attacks and tariffs can severely impact global operations, while strong domestic demand in India helps cushion overall performance.

Terms in This Story

EBITDA
Earnings Before Interest, Taxes, Depreciation, and Amortization, a measure of operational profitability.
EBIT
Earnings Before Interest and Taxes, another profitability metric.
bps
Basis points; 100 basis points equal 1 percentage point.
Read Original: Tata Motors