Technology

Jaguar Land Rover revenue slumps after cyber assault


Jaguar Land Rover (JLR) continues to face monetary fallout from the devastating 2025 cyber assault on its programs, with gross sales and income dropping precipitously through the ultimate quarter of its monetary 12 months, at the same time as automobile manufacturing returned to regular.

Describing a difficult 12 months wherein it confronted a number of headwinds – the wind-down of its legacy automobiles, a extra aggressive market in China, and US tariffs additionally compounded the veteran carmaker’s struggles – JLR stated fourth-quarter revenues had been down 11% year-on-year to £6.9bn, and 21% for the total 12 months to £22.9bn.

Pre-tax revenue for the three months to 31 March fell by 48% to £458m, and for the total 12 months by 82% to £2.5bn.

“We recovered effectively within the fourth quarter as manufacturing returned to regular ranges, demonstrating the dedication of our individuals, suppliers and retail companions,” stated JLR chief govt PB Balaji, who was parachuted in by JLR father or mother Tata Motors in November 2025.

“As we glance forward into FY27, we’re centered on driving development … and decreasing our break‑even volumes while we launch a slew of thrilling merchandise,” he stated.

The cyber assault on JLR’s programs unfolded in August 2025, and was one in every of a variety of severe incidents linked to the ShinyHunters hacking collective and related teams that unfolded throughout 2025 and continues to this present day.

JLR had switched off its manufacturing traces for round a six-week interval within the wake of the cyber assault, with Westminster pressured to step in to cowl the beleaguered firm with a £1.5bn mortgage assure, after the disruption began to unfold by way of its provide chain.

Based mostly on its “hurricane scale” cyber assault matrix, the UK’s Cyber Monitoring Centre has categorised the JLR cyber assault as a Class 3 Systemic Occasion and set the broader financial price of incident at someplace between £1.6bn and £2.1bn – and probably as much as £5bn – with nearly 3,000 distinct UK organisations probably affected.

Talion CEO Keven Knight stated the losses stemming from the JLR cyber assault would have killed off most companies.

“The figures will doubtless be an enormous concern for different enterprise leaders as they display the very actual and costly penalties of assaults,” he stated.

“Nonetheless, current figures from the UK authorities’s Cyber Safety Breaches survey revealed that solely 31% of companies have board members or trustees taking express duty for cyber safety as a part of their job,” stated Knight. “This determine is much too low.

“With cyber assaults being able to considerably affect an organisation’s annual turnover, this implies safety have to be a board precedence,” he stated. “Boards have an obligation to steer their organisations safely and efficiently, however this could’t be achieved after they utterly overlook cyber safety.

“Hopefully these figures act as a catalyst for organisations to enhance their defences, as a result of no enterprise chief needs to seek out themselves ready the place they’re reporting thousands and thousands in losses to buyers of their subsequent annual report,” stated Knight.

Cyber pledge

In gentle of the UK authorities’s plans to create a Cyber Resilience Pledge – pitched on the boards of FTSE 350 firms, Knight stated there was a danger that this is able to change into a largely superficial train.

Boards want to know cyber safety and governance from the highest all the way down to make knowledgeable, risk-based selections, he added.