Shares of Tata Motors Passenger Vehicles Ltd (TMPVL) fell sharply in Monday's trade after its luxury arm Jaguar Land Rover (JLR) reported a steep decline in quarterly financial performance. The stock dropped 7.27 per cent to a day low of Rs 363.15.

JLR posted a 24.3 per cent year-on-year (YoY) fall in revenue to £4.9 billion for the September quarter (Q2 FY26). The company said all major operating metrics were "significantly impacted" by the breach, which disrupted production and supply-chain activities. As a result, EBIT margins slipped to (–)8.6 per cent, a decline of 1,370 basis points (bps) YoY. The impact of the cyber incident also prompted JLR to slash its FY26 EBIT margin guidance to 0–2 per cent, from the earlier outlook of 5–7 per cent. Advertisement

TMPVL said the disruption a

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