'JLR faces £540 mn hit from cyberattack'
new delhi, Oct. 23 -- Tata Motors-owned Jaguar Land Rover (JLR) is likely to incur a £540 million (Rs.6,300 crore) hit due to the September cyberattack, according to Cyber Monitoring Centre, an independent agency that tracks impact of cyber hits on UK-based firms.
That would be about a third of JLR's FY25 profit of £1.8 billion, and over a fourth of Tata Motors' consolidated profit of Rs.28,149 crore that year.
This is the first such estimate from an agency on the hack's impact on UK-based JLR, which accounted for more than 71% of Tata Motors' Rs.4.4-lakh crore revenue in FY25. The agency said the luxury carmaker will be able to fully resume production by January 2026 as it begins a phased restart of operations at its plants. JLR'...
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