Not only has the recent cyber-attack on Jaguar Land Rover (JLR) impacted OE suppliers, left September 2025 car production at a 70-year low and even hit UK GDP, it has also put a dent in parent company Tata’s latest financial results.
Specifically, Tata Motors Passenger Vehicles (TMPV) reported a loss in the second quarter 2026 figures, something the business itself put down to the JLR hack. Excluding exceptional items, TMPV posted a loss of Rs54.62 billion (£468.6m, $616.5m, €532.2m) in the quarter, compared with a profit of Rs47.77 billion (£410.0m, $538.8m, €465.2m) a year earlier. JLR confirmed exceptional direct costs of £196 million ($258.5m) from the cyber-attack, which forced a five-week shutdown of IT systems and manufacturing at its Solihull, Wolverhampton, and Halewood plants, with operations resuming in phases from early October.
At JLR, second quarter revenue fell 24 per cent to £4.9 billion, reportedly due to both the aforementioned operational disruption and the phasing-out of older Jaguar model. Losses before tax and exceptional items reached £485 million, against a £398 million profit the previous year, with adjusted pre-tax profits (EBITDA) swinging to a £78 million loss (1.6% margin) from a £759 million profit and 11.7 per cent margin a year earlier.
As a result, TMPV downgraded its full-year guidance for JLR, lowering the expected pre-tax profit margin (EBIT) to 0-2 per cent from the earlier 5-7 per cent range.
