Jaguar Land Rover Says Revenue, Profitability Recovering From Cyberattack

By Adria Calatayud

Jaguar Land Rover Automotive said revenue and profit recovered last quarter as production returned to normal after last year's cyberattack brought its operations to a standstill, but that the metrics were still lower than a year before.

The British automaker, part of India's Tata Motors, is looking to turn a page after a crippling hack prompted it to halt production for more than a month last year, at a time when the Range Rover owner was already grappling with a hit from tariffs in the U.S. and stiff competition in China.

JLR said Thursday that after-tax profit for the quarter ended March 31--the fourth of its fiscal year--was 365 million pounds ($493.8 million), down from 640 million pounds for the year-earlier period. The business reported a loss for the year as a whole due to the costs linked to the cyberattack.

Revenue for the quarter came in at 6.9 billion pounds, down 11% on year but up 51% when compared with the prior quarter. Its adjusted earnings before interest and taxes margin--a closely watched measure of profitability in the auto industry--shrank to 9.2% from 10.7% a year before.

"JLR faced a challenging year with revenue and profit impacted by multiple headwinds, including a pause in production following the cyber incident," Chief Executive P.B. Balaji said. "We recovered well in the fourth quarter as production returned to normal levels."

Balaji said the company is focused on driving growth, helped by the launch of its new Range Rover Electric model and its first all-electric Jaguar. The planned wind-down of legacy Jaguar models ahead of the brand's electric shift also weighed on its results last year, it said.

Write to Adria Calatayud at adria.calatayud@wsj.com

(END) Dow Jones Newswires

May 14, 2026 10:21 ET (14:21 GMT)