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Tata Motors PV said its wholly owned subsidiary Jaguar Land Rover (JLR) reported a recovery in wholesale and retail volumes for the fourth quarter and full year ended March 31, 2026, according to an exchange filing.
The company said wholesale volumes in Q4 FY26 recovered sharply from the previous quarter, reflecting a return to normal production levels following a cyber incident. However, volumes remained lower year-on-year due to ongoing market challenges and planned model transitions.
Wholesale volumes for the quarter stood at 95,300 units (excluding the Chery Jaguar Land Rover China JV), down 14.5% from a year earlier but up 61.1% sequentially compared to Q3 FY26. Growth was seen in Europe (+4.1%), while declines were recorded across the UK, North America, China, overseas markets and MENA.
For the full year FY26, wholesale volumes totalled 307,900 units, down 23.2% compared to FY25.
The company said full-year performance was impacted by US tariffs, challenges in the China market, the planned phase-out of legacy Jaguar models ahead of new launches, and production stoppages linked to the cyber incident.
The share of Range Rover, Range Rover Sport and Defender models improved further, accounting for 77.1% of Q4 wholesale volumes, up from 66.3% in Q4 FY25 and 74.3% in the previous quarter. For the full year, this mix stood at 76.5%, compared with 67.8% in FY25.
Retail sales for Q4 FY26 stood at 92,700 units (including CJLR), down 14.3% year-on-year but up 16.2% quarter-on-quarter. Retail volumes declined across all major markets, including China, North America, Europe, the UK, overseas markets and MENA.
For FY26, retail volumes came in at 352,300 units, down 17.8% from FY25. JLR said it will announce its fourth quarter and full-year results in May 2026.
Shares of Tata Motors closed marginally higher at ₹303.50 on the NSE on April 2, up ₹0.55, or 0.18%, during the session.
Also Read: Hindustan Zinc reports record high mined, refined metal output in Q4
The company said wholesale volumes in Q4 FY26 recovered sharply from the previous quarter, reflecting a return to normal production levels following a cyber incident. However, volumes remained lower year-on-year due to ongoing market challenges and planned model transitions.
Wholesale volumes for the quarter stood at 95,300 units (excluding the Chery Jaguar Land Rover China JV), down 14.5% from a year earlier but up 61.1% sequentially compared to Q3 FY26. Growth was seen in Europe (+4.1%), while declines were recorded across the UK, North America, China, overseas markets and MENA.
For the full year FY26, wholesale volumes totalled 307,900 units, down 23.2% compared to FY25.
The company said full-year performance was impacted by US tariffs, challenges in the China market, the planned phase-out of legacy Jaguar models ahead of new launches, and production stoppages linked to the cyber incident.
The share of Range Rover, Range Rover Sport and Defender models improved further, accounting for 77.1% of Q4 wholesale volumes, up from 66.3% in Q4 FY25 and 74.3% in the previous quarter. For the full year, this mix stood at 76.5%, compared with 67.8% in FY25.
Retail sales for Q4 FY26 stood at 92,700 units (including CJLR), down 14.3% year-on-year but up 16.2% quarter-on-quarter. Retail volumes declined across all major markets, including China, North America, Europe, the UK, overseas markets and MENA.
For FY26, retail volumes came in at 352,300 units, down 17.8% from FY25. JLR said it will announce its fourth quarter and full-year results in May 2026.
Shares of Tata Motors closed marginally higher at ₹303.50 on the NSE on April 2, up ₹0.55, or 0.18%, during the session.
Also Read: Hindustan Zinc reports record high mined, refined metal output in Q4
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