(Bloomberg) -- Tata Motors Passenger Vehicles Ltd. slumped to a loss in its latest quarter, showing lingering pain at its Jaguar Land Rover unit after a crippling cyberattack shut down production.

The Indian parent posted a loss of 34.9 billion rupees ($386 million) for the three months through December, versus a profit of 54.1 billion rupees a year earlier, it said Thursday. Revenue fell 26% to 701.1 billion rupees.
JLR, which accounts for nearly two-thirds of the Indian parent’s sales, swung to a pretax loss of £310 million ($421 million).
The maker of Range Rover sport utility vehicles has been grappling with the fallout from last year’s cyberattack, which shut down production at all its factories for almost six weeks starting in September. The impact was so severe that the UK government was forced to step in with a £1.5 billion loan guarantee to support struggling suppliers.
Production at Britain’s largest automaker returned to more normal levels only by mid-November, causing deliveries to slump 43% in the quarter. Volumes declined across all regions, with North America and Europe posting the steepest falls, JLR said. The planned wind-down of legacy Jaguar models, a slump in China demand and higher US tariffs also weighed on sales.
The job of turning the company around falls to new Chief Executive Officer PB Balaji, who joined in November from Tata Motors, where he was finance chief.

Tata Motors recorded exceptional costs of 15.96 billion rupees in the quarter, including from the cyberattack and related supplier claims, as well as from India’s new labor codes bill.
JLR doesn’t anticipate any extra costs in the current quarter tied to the shutdown, Chief Financial Officer Richard Molyneux told reporters on a call. Plants in Solihull, England and Nitra, Slovakia are now back at full capacity, he said.
The British carmaker stuck to its profitability guidance for the full year, having warned in November that its margins could be entirely wiped out.
Tata Motors saw some buoyancy in its domestic market after lower consumption taxes in India spurred car sales in the quarter when there’s normally a festival-related spending spree. The vehicle business in India, which was also boosted by the launch of the new Tata Sierra SUV, crossed 200,000 units for the first time.
JLR will make cars at its parent’s new Tamil Nadu plant in southern India, Molyneux said, confirming an earlier Bloomberg News report.



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FYI - They screwed up. They never signed their cyber insurance policy and there’s a big fight about it. Kind of funny.

 

Reads like a spy novel - excellent conspiracy taking place here - did the cyber insurance company do the hacking?

 

What an age we are living in where we have to worry about "cyber insurance"! I sure do miss the good old days when life was so much simpler lol....

 

You mean the Cyber Security deal was NOT with another Tata owned entity? No wonder they did not sign it.
They probably expected a $$ number closer to their low ball counter offer.

I do feel for the people in JLR being affected, but I have zero empathy for Tata, because they only have themselves to blame for forcing IT to use TCS for their maintenance. I hope that cyber-bite in the **** hurts a lot.

 

The silver lining in all of this is Land Rover had record sales in 2025 considering the turbulent hacking months. Around 402,000 total - Defender (115,404 units) and Range Rover's many trims accounting for the rest. Around 26,000 left over Jags were sold as well. I think the better sales numbers are a reflection of changing in reliability perception by the general public. There is still a big stigma but it's slowly getting better as more JLR product owners are posting mainly positive experiences out there.

 

I wish I could believe this.

Almost every video on youtube that discusses Land Rovers, and Defenders specifically are all like "I hope you like your service advisor!" "Will be dead in 6 months!" - almost ubiquitously posted by Toyota fanboys who have, IMO eclipsed Jeep fans in their insufferable behavior online. I would like to say that their behavior was not a contributing factor in me getting rid of my FJ Cruiser, but I'd be lying.

This is even after people like Demuro, Car Wizard and other YTers have come out and said "no really, the Defender IS reliable".

 

Stigma is just that regardless of what folks are saying. The fact of the matter is that LR products have improved significantly over the years, and they are no better or worse than other luxury brands. The motors and transmissions are solid, and as you can expect with any rolling computers, most of the nagging issues are with electronics and software updates.

 

Yes it takes time to a hard-wired stigma to disappear. It's JLR's fault for not resolving issues back in the day as fast as they should have but I know the quality has improved a lot. Very simple to fix at the factory stuff like the coolant Y-Pipe, thermostat, water pump, etc should never have taken so long for them to address, those parts could and did cause catastrophic damages.

So now after 10 years, tales from the wife's cousin's hair dresser with a neighbor who heard from an in-law who has a friend who told her all Land Rovers suck and are unreliable are still taken as complete truth. So one way or the other, Tata is paying a high price for reputation damages that could have been easily avoided a long time ago.

 

JLR as a brand admittedly was not that high on the list of 'reliability' with every vehicle under it's umbrella. They did acknowledge that some time ago and there seems to be an improvement across the brand.
There were teething issues with their ingenium developed engines, but they are getting on top of it. However, the increasingly strict EU emission standards and other rules keeps upping throwing add-ons to keep up compliance and this to some extend seems to be the undoing on their diesel engines (DPF, EGR, AdBlue) across the variants & range.
And the massive increase in fancy electronic doodahs are not helping either.
It takes a lot of time to overcome a long term reliability reputation. But there is hope as seen below.

🚘 2025 Brands Ranked by Number of Faults (Least → Most)

🏆 Brands with Fewest Faults (Most Reliable)

1. Lexus — ~166 problems/100 vehicles (best overall)
   
2. Nissan — ~169 PP100
   
3. Hyundai — ~173 PP100
   
4. Jaguar — ~175 PP100 (among best lists)
   
5. Chevrolet — ~178 PP100
   
6. Honda — ~179 PP100
   
7. Dodge — ~180 PP100
   
8. Kia — ~181 PP100
   
9. Buick — ~183 PP100
   
10. Genesis — ~183 PP100