Home / Business and Economy / Tata Motors PV Suffers Massive Q2 Loss After JLR Cyber Attack
Tata Motors PV Suffers Massive Q2 Loss After JLR Cyber Attack
17 Nov
Summary
- Tata Motors PV reports ₹6,370 crore net loss in Q2 2025
- JLR's EBIT margin guidance cut to 0-2% from 5-7% earlier
- JLR expects negative free cash flow of up to £2.5 billion
In a major blow to Tata Motors Passenger Vehicles Ltd. (TMPVL), the company reported a net loss of ₹6,370 crore in the September quarter of 2025, a stark contrast to the ₹3,056 crore net profit it had posted during the same period last year.
The primary driver behind this massive loss was the impact of a cyberattack on Jaguar Land Rover (JLR), TMPVL's luxury car unit. The incident crippled JLR's production for a significant part of the quarter, resulting in an exceptional charge of ₹2,008 crore.
Adding to the woes, JLR also had to cut its EBIT margin guidance to a mere 0-2% from the previous 5-7%. The company now expects negative free cash flow of up to £2.5 billion, a far cry from its earlier near-zero projections.
On an adjusted basis, TMPVL's standalone net loss stood at ₹237 crore, compared to a profit of ₹15 crore in the same quarter last year. The company's revenue also fell by 14% year-over-year to ₹72,349 crore, and it reported a loss on the EBITDA front worth ₹1,404 crore, a significant decline from the ₹9,914 crore EBITDA gain in the previous year's quarter.
