Jaguar Land Rover Automotive revealed the extend of the damage caused by the cyber attack in September which downed production of vehicles worldwide for an extended period.
Its revenue for Q2 was £4.9bn, down 24% year on year, while H1 revenue was £11.5bn, down 16% YoY.
It said revenues were impacted by the cyber incident and the planned wind down of legacy Jaguar models, ahead of the launch of new Jaguar.
Loss before tax and exceptional items was -£485m for Q2 and -£134m for H1, down from a profit of £398m and £1.1bn respectively a year ago.
Exceptional items of £238m in the quarter reflect costs of £196m relating to the cyber incident and voluntary redundancy programme costs of £42m.
Looking ahead, JLR said it remained resilient and Investment spend is expected to remain at £18bn over the five‑year period from FY24.
“JLR’s performance in the second quarter of FY26 was impacted by significant challenges, including a cyber incident that stopped our vehicle production in September and the impact of US tariffs.
“JLR has made strong progress in recovering its operations safely and at pace following the cyber incident. In our response we prioritised client, retailer and supplier systems and I am pleased to confirm that production of all our luxury brands has resumed.
“The speed of recovery is testament to the resilience and hard work of our colleagues.
“I am extremely grateful to all our people who have shown enormous commitment during this difficult time, and I want to thank our clients, retailers, suppliers and everyone in the communities connected with JLR, for their support through this disruption,” said outgoing CEO Adrian Mardell, who is retiring after a 35-year career with the company.
