Tue Nov 18 04:20:00 UTC 2025: Okay, here’s a news article summarizing the information provided:

Tata Motors PV Plummets After JLR Cyberattack Cripples Production

Mumbai, India – Shares of Tata Motors Passenger Vehicles Ltd. (Tata Motors PV) experienced a significant drop on Monday, hitting their lowest point since the company’s demerger took effect in October 2025. The sharp decline followed the release of quarterly results revealing the substantial impact of a cyberattack on Jaguar Land Rover (JLR), a key revenue driver for Tata Motors PV.

The stock price fell as much as 7.26% to ₹363.15, marking the lowest point since October 14, 2025, the record date for the demerger.

The cyberattack, which occurred in early September, halted JLR’s production for five weeks and forced Tata Motors to take a one-time charge of $228.5 million in the second quarter. JLR, responsible for 80% of Tata Motors PV’s revenue, has subsequently lowered its fiscal year 2026 earnings guidance. The company now projects an EBIT of 0-2%, down from the previous estimate of 5-7%, and anticipates a negative cash flow of £2.2-2.5 billion.

Tata Motors PV reported a consolidated net loss of ₹6,368 crore for the three months ended September 30, a stark contrast to the net profit of ₹3,056 crore reported in the same period last year. Revenue also declined by 13.51% year-on-year to ₹72,349 crore.

Analysts suggest that even strong car sales in India, spurred by GST rate cuts, will not be sufficient to offset the challenges facing JLR, including weakened demand in China, component shortages, and the fallout from the cyberattack. HDFC Securities noted that Tata Motors PV management had indicated they would have revised JLR’s guidance even without the cyber incident.

The situation highlights the vulnerability of global automotive manufacturers to cyber threats and the potential for significant financial repercussions.

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