Tata Motors Passenger Vehicles Limited has informed the Exchange regarding a press release dated April 02, 2026, titled "Press Release Jaguar Land Rover Automotive plc ( JLR ) reports its Wholesale and Retail Sales for Q4FY26".
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Jaguar Land Rover (JLR), a wholly-owned subsidiary of Tata Motors Passenger Vehicles Limited, reported Q4 FY26 wholesale volumes of 95,300 units and retail sales of 92,700 units. Both figures declined approximately 14% year-on-year but showed strong sequential recovery with wholesale up 61.1% and retail up 16.2% versus Q3 FY26, as production returned to normal following a cyber incident. Full year FY26 wholesale volumes were 307,900 units (down 23.2%) and retail volumes were 352,300 units (down 17.8%). The decline was attributed to US tariffs, China market challenges, planned wind-down of legacy Jaguar models ahead of the new Jaguar launch, and production stoppages from the cyber incident. Premium model mix improved with Range Rover, Range Rover Sport, and Defender comprising 77.1% of Q4 wholesale volumes, up from 66.3% in Q4 FY25.
While Q4 shows recovery from the cyber incident, the significant full-year volume decline reflects multiple headwinds. The improved premium model mix is positive for margins, but investors should monitor market-specific challenges in China and North America. JLR will report actual financial results in May 2026.