Cyberattack Hits £260 Million — Tata Motors PV Impacted by JLR Losses in Q3 -

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With a 22% increase in passenger vehicle sales to 171,000 units, India’s third-largest automaker experienced a 26% increase in revenue to ₹15,466 crore and a 90% increase in standalone profit (before extraordinary items due to demerger-related expenditures) to ₹127 crore.

The impact of a cyberattack on its UK-based subsidiary Jaguar Land Rover (JLR) negatively impacted Tata Motors Passenger Vehicles Ltd’s consolidated numbers in the October-December quarter, despite the fact that its India business significantly increased both revenue and profit due to federal tax cuts and a festive season rush.

However, as JLR accounts for more than two-thirds of Tata Motors PV’s profit and revenue, that did not boost the company’s overall third-quarter figures. Revenue also fell 25% year over year to ₹71,575 crore, and its consolidated bottom line fell to losses of ₹3,483 crore from a profit of ₹5,485 crore in the same period last year.

Between July and December, JLR’s extra expenses were £260 million (more than ₹3,000 crore) due to a cyberattack on its facilities that cost it approximately £64 million. This resulted in a significant impact on the parent company’s earnings for two consecutive quarters.

In addition, JLR was negatively impacted by other factors, such as US tariffs, which caused its retail sales to drop to 368,000 in 2025—a three-year low. By mid-November, two months after revealing that a cyberattack had affected its production facilities, the British luxury carmaker was back to full production.

Notably, Tata Motors PV’s consolidated revenue dropped 13.5% year over year to ₹72,349 crore during the July–September quarter. Compared to a profit of ₹3,056 crore in the same period last year, the company posted a loss of ₹6,368 crore in the second quarter.

No impact anticipated on Q4

During a post-results earnings call, JLR’s chief financial officer Richard Molyneux informed reporters that the company’s plants are now running at full capacity and that its output is unrestricted.

According to Molyneux, “the plants that produce the vehicles that underpin our performance, namely Solihull, which produces Range Rover Sport, and Nitra, which produces Defender, are operating at full capacity.” “We do not expect any exceptional items related to the cyber incident to happen in Q4.”

P.B. Balaji became JLR’s new CEO during the October–December quarter when the company reorganized its leadership.

Gerry McGovern’s departure as chief creative officer and the loss of revenue from the production halt in September and October brought on by the cyberattack were the first issues Balaji had to deal with during his tenure.

Balaji emphasized that the company is focused on recovering from the difficult previous quarters in his first post-results statements as CEO.

“We returned vehicle production to normal levels by mid-November thanks to the dedication of our teams, and we are focused on building our business back stronger,” stated Balaji. “We anticipate performance to improve significantly in the fourth quarter, and we have clear plans to manage global challenges, even though the external environment is still volatile.”

However, no precise assessment of how much the developments cost the company’s total business is provided; instead, the charges only relate to the direct expenses the company incurred to deal with the cyberattack.

The impact of the 50,000-unit drop in direct sales volume is not included in these expenses. It’s challenging to determine the cause of these missed sales. I therefore don’t have a precise figure for the amount you ascribe to lost sales. When asked about the overall effect of the cyberattack on the corporation, Molyneux responded, “It’s fair to say that the bottom line number would be considerably higher than £300 million.”

59,200 units were sold overall between October and December, which was almost half of what the business sold at the same time last year.

After JLR’s cyberattack was made public, a number of independent agencies and experts estimated that the total damage of the attack was at least £500 million, with some estimates reaching over £1 billion.

Jaguar Land Rover would have lost £540 million (₹6,300 crore) in revenue as a result of the intrusion, according to Cyber Monitoring Centre, an independent organization that monitors the effects of cyberattacks on UK-based companies.

According to a September Financial Times article, JLR did not have insurance against the cyberattack, which might result in a revenue loss of up to £2 billion.

Considering the Future

In order to resume manufacturing and sales, the corporation is now trying to get past the cyberattack.

Despite a challenging time, Molyneux stated, “We anticipate a significant improvement in our performance in the fourth quarter, and we’re adapting our strategy to thrive in a world that is changing quickly.”

Given the strong demand momentum observed following GST 2.0, we continue to have faith in the PV industry’s expansion. According to the company’s results, “Tata Motors PV is well poised to accelerate its growth trajectory in FY27 with our product launches & interventions starting deliveries in Q4 and a strong slate of upcoming launches.”

While Nifty Auto had a 0.58% loss during Thursday’s trading hours, Tata Motors PV shares enjoyed a 0.040% rise. After trade hours, the results were announced.

About The Author:

Yogesh Naager is a content marketer who specializes in the cybersecurity and B2B space. Besides writing for the News4Hackers blogs, he also writes for brands including Craw Security, Bytecode Security, and NASSCOM.

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