The shares of Tata Motors Passenger Vehicles will remain in focus on Friday after the company reported weak Q1 numbers for its luxury vehicle arm Jaguar Land Rover (JLR) due to temporary disruption during the raging Iran-US war and a fire incident at a major component supplier.
Tata Motors PV announced on Thursday that Jaguar Land Rover’s retail sales fell 15.3% year on year (YoY) to 80,000 units in the April-June quarter of FY27. Sequentially, the luxury carmaker’s retail sales fell 13.8% from Q4 FY26.