Tata Motors PV Shares Plunge 4% on JLR's Cyberattack-Hit Q3 Sales

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CNBC Awaaz•06-01-2026, 14:03
Tata Motors PV Shares Plunge 4% on JLR's Cyberattack-Hit Q3 Sales
- •Tata Motors PV shares dropped over 4% due to weak Jaguar Land Rover (JLR) Q3 FY26 sales.
- •JLR's sales were severely impacted by a cyber attack, affecting production until mid-November.
- •Wholesales fell 43.3% YoY to 59,200 units; retail sales decreased 25% YoY to 79,600 units.
- •Significant declines across global markets, including North America (-64.4%) and Europe (-47.6%).
- •Provisional figures; final Q3 FY26 results with audited numbers expected in February 2026.
Why It Matters: JLR's cyberattack-induced weak Q3 sales caused Tata Motors PV shares to fall sharply.
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