The company noted that production at JLR facilities only returned to normal by mid-November following the cyber incident.
The interruptions, along with the duration required to globally ship vehicles once production resumed, contributed to a downturn in wholesale and retail volumes both quarter-on-quarter and year-on-year.
Additionally, volumes were affected by the planned phase-out of legacy Jaguar models ahead of the introduction of the new Jaguar portfolio, along with increased US tariffs impacting JLR’s exports to the American market.
Despite the pressure on volume, the product mix continued to shift towards higher-value models. Together, the Range Rover, Range Rover Sport, and Defender made up 74.3% of total wholesale volumes in Q3 FY26, compared to 70.3% in the same quarter of the previous year, although this was a slight decrease from 76.7% in the previous quarter.
For the financial year to date, wholesale volumes reached 212,600 units, a decrease of 26.6% year-on-year, while retail volumes fell 19.1% year-on-year to 259,400 units.
JLR is set to release its comprehensive financial results for the third quarter of FY26 in February 2026.
In an interview with CNBC-TV18, Mithun Aswath from Kivah Advisors mentioned that Tata Motors’ passenger vehicle sector may have a clear path forward over the next three to four quarters, expressing optimism for a rebound in the JLR business.
Shares of Tata Motors Passenger Vehicles Ltd. ended the day 0.86% higher on Monday, closing at ₹373.55.
