Transportation

Jaguar Land Rover Parent Posts $386 Million Loss on Shutdown

On the production line at Tata Motors Ltd.'s Jaguar Land Rover vehicle manufacturing plant in Solihull, UK.

Photographer: Chris Ratcliffe/Bloomberg

Tata Motors Passenger Vehicles Ltd. slumped to a loss in its latest quarter, showing lingering pain at its Jaguar Land Rover unit after a crippling cyberattack shut down production.

The Indian parent posted a loss of 34.9 billion rupees ($386 million) for the three months through December, versus a profit of 54.1 billion rupees a year earlier, it saidBloomberg Terminal Thursday. Revenue fell 26% to 701.1 billion rupees.