JLR faces £540 mn hit from cyberattack: UK agency

Tata Motors-owned Jaguar Land Rover (JLR) is likely to incur a £540 million (₹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.

- Ayaan Kartik

JLR may be able to resume full production by Jan 2026.

(REUTERS)

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 ₹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' ₹4.4-trillion 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's production was disrupted for five weeks.

"During the period where production was halted, the reduction in UK manufacturing was close to 5,000 vehicles per week, with each week resulting in a modelled loss to JLR's UK manufacturing operations of £108 million, comprising fixed costs and lost profit," the agency said in its 22 October report.

JLR's systems began coming back online in late September, with all its plants now resuming operations in a phased manner.