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JLR cyber-attack drags Tata Motors into the red
Yahoo Finance· 2025-11-17 18:33
Tata Motors Passenger Vehicles (TMPV) has posted a loss in the second quarter of fiscal 2026 after a cyber-attack at its British subsidiary Jaguar Land Rover (JLR) disrupted production and sales. Excluding exceptional items, TMPV recorded a loss of Rs54.62bn ($616.5m) in the September quarter (Q2 FY26), compared with a profit of Rs47.77bn a year earlier. JLR has confirmed it incurred £196m ($258.5m) in exceptional direct costs because of the cyberattack. The cyber-attack forced the automaker to shut dow ...