Mumbai, Feb. 5 -- Tata Motors Passenger Vehicles (Tata Motors PV) officially announced on Thursday that it has posted a consolidated net loss of Rs 3,486 crore in Q3FY26, due to the impact of a cyber incident at its luxury vehicle unit Jaguar Land Rover (JLR), which severely hampered the company's global wholesale volumes.
The company had posted a consolidated net profit of Rs 5,485 crore in the same quarter last year.
The impact of the total exceptional cost due to the cyber incident at JLR was to the tune of Rs 800 crore, while Rs 400 crore was due to the new labour code implementation and another Rs 400 crore was due to stamp duty charges. These one-time expenses added pressure on the company's profitability.
The consolidated revenue ...