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Informist, Thursday, Apr. 2, 2026

 

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--JLR Jan-Mar wholesale volumes at 95,300 units, down 14.5% on year 
--JLR Jan-Mar retail sales at 92,700 units, down 14.3% on year 
--JLR Jan-Mar wholesale volume up 61% QoQ, retail sales up 16.2% QoQ 
--JLR FY26 wholesale volumes 307,900 units, down 23.2% on year 
--JLR FY26 retail sales 352,300 units, down 17.8% on year 
--JLR: Sharp QoQ rise in Q4 wholesales reflect return to normal production

 

MUMBAI – Tata Motors Passenger Vehicles Thursday said both wholesale and retail volumes of Jaguar Land Rover fell year-on-year in the March quarter but rose from the trailing quarter as production returned to normal levels following the cyberattack incident in August. For the financial year 2025-26 (Apr-Mar), wholesale volumes and retail sales fell, reflecting stress in certain markets.

 

Wholesale volumes in the March quarter were down around 15% on year at 95,300 units, excluding Chery Jaguar Land Rover China, but up 61% from the December quarter. Retail sales fell over 14% on year to 92,700 units in the March quarter but rose more than 16% from the trailing quarter, according to an exchange filing by the company. The rise in volumes from the previous quarter was "as anticipated and previously indicated" as production returned to normal following the cyberattack, it said.

 

In FY26, JLR wholesale volumes fell over 23% on year to 307,900 units and retail sales fell around 18% on year to 352,300 units. The decline in full-year volumes was mainly because of the impact of US tariffs, challenges in the Chinese market, and a planned winding down of legacy Jaguar models ahead of the launch of the new Jaguar, in addition to production stoppages following the cyberattack, the company said.

 

Wholesale volumes in the March quarter were down in all markets except Europe, where they rose 4.1%, the company said. Volumes fell over 23% in the UK, 19% in North America, around 30% in China, nearly 8% overseas, and 2.4% in West Asia and North Africa, it said. The Range Rover, Range Rover Sport, and Defender model mix was 77.1% of the total wholesale volumes in the March quarter, up from 66.3% a year ago. For FY26, the mix of the same models rose to 76.5% from 67.8% in FY25.

 

Retail volumes for the March quarter fell on year in all markets, with a fall of around 3% in the UK, 13.8% in North America, 6.4% in Europe, 34.6% in China, 16.2% overseas, and 29.6% in West Asia and North Africa.

 

For the December quarter, on a consolidated basis, Tata Motors Passenger Vehicles had reported a net loss of INR 34.86 billion on a revenue of INR 701.08 billion. Thursday, its shares closed slightly higher at INR 303.30 on the National Stock Exchange.  End

 

Reported by Ashutosh Pati

Edited by Rajeev Pai

 

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