**Jaguar Land Rover's Cyber Attack Woes Weigh Heavily on Tata Motors' Q3 Performance**
While its Indian operations saw a significant surge in sales and profits, driven by federal tax cuts and the festive season rush, Tata Motors' Passenger Vehicles Ltd (PV) faced a daunting challenge from its UK-based subsidiary Jaguar Land Rover's (JLR) cyber attack. The hacking incident, which hit JLR's manufacturing facilities in July, left the company reeling with costs reaching £260 million (over ₹3,000 crore).
The impact of the cyber attack was felt across both revenue and profit lines for Tata Motors PV, as its consolidated bottom line slipped into losses of ₹3,483 crore compared to a profit of ₹5,485 crore in the year-ago period. Revenue too declined 25% y-o-y to ₹71,575 crore.
However, things were not all gloomy at Tata Motors PV's Indian operations. The company saw a 22% rise in volumes of passenger vehicle sales in the country to 171,000 units, sending its standalone profit-before exceptional items soaring 90% to ₹127 crore and revenue jumping 26% to ₹15,466 crore.
Richard Molyneux, chief financial officer at JLR, acknowledged that the company's plants are now operating at full capacity, but the damage from the cyber attack had already been done. "We would not anticipate any exceptional items relating to the cyber incident to occur in Q4," he said during a post-results earnings call.
JLR's production was severely impacted by the cyber attack, with retail sales hitting a three-year low of 368,000 units in calendar year 2025. However, Molyneux assured that the company has no constraints to its production and is looking forward to a strong Q4.
As JLR struggles to recover from the cyber attack, it has also seen a leadership change with P.B. Balaji taking over as the new chief executive officer in October. In his first post-results remarks as CEO, Balaji expressed confidence that the company will build back stronger after the challenging past quarters.
"Thanks to the commitment of our dedicated teams, we returned vehicle production to normal levels by mid-November, and we are focused on building our business back stronger," Balaji said. "While the external environment remains volatile, we expect performance to improve significantly in the fourth quarter and we have clear plans to manage global challenges."
However, experts estimate that the overall impact of the cyber attack could be much higher than what JLR has reported so far. Independent agencies and experts peg the damage at £500 million (₹6,300 crore) with some estimates going as high as more than £1 billion.
Tata Motors PV shares saw a marginal gain of 0.040% during trading hours on Thursday, while Nifty Auto declined by 0.58%. The results were declared post-trading hours.
**Key Takeaways:**
* Tata Motors PV's Indian operations saw a significant surge in sales and profits driven by federal tax cuts and the festive season rush. * Jaguar Land Rover's cyber attack left the company reeling with costs reaching £260 million (over ₹3,000 crore). * JLR's production was severely impacted by the cyber attack, with retail sales hitting a three-year low of 368,000 units in calendar year 2025. * Tata Motors PV's consolidated bottom line slipped into losses of ₹3,483 crore compared to a profit of ₹5,485 crore in the year-ago period. * Experts estimate that the overall impact of the cyber attack could be much higher than what JLR has reported so far.