JLR slashes profit forecast after cyberattack hits hard

Business Nov 15, 2025

Jaguar Land Rover (JLR), owned by Tata Motors, has had to rethink its FY26 profit goals after a major cyberattack.
What was once a hopeful 7% margin could now be gone, thanks to a £2.5 billion cash drain and nearly £196 million in extra costs from the attack.

Big losses but some recovery steps

The hack led to a hefty £559 million loss for JLR last quarter. To help out, the UK government stepped in with a £1.5 billion loan guarantee for suppliers, and JLR rolled out a new £500 million support program.
Even with these setbacks, production is back on track—though revenue took a 24% hit globally.
On the bright side, Tata Motors saw passenger vehicle sales in India jump 10%, with electric cars making up 17% of total car sales, boosted by tax cuts and festive demand.