Tata Motors Passenger Vehicles Ltd

📊 Tata Motors JLR Sales Update: Q4 Shows Strong Recovery Despite Annual Decline

• Q4 FY26 wholesale sales: 95,300 units (-14.5% YoY, +61.1% QoQ)

• Q4 FY26 retail sales: 92,700 units (-14.3% YoY, +16.2% QoQ)

• FY26 wholesale sales: 307,900 units (-23.2% YoY)

• FY26 retail sales: 352,300 units (-17.8% YoY)

• Premium model mix (Range Rover, Range Rover Sport, Defender) increased to 77.1% of total wholesale volumes in Q4 FY26 from 66.3% in Q4 FY25

• Sales recovery in Q4 driven by return to normal production levels following cyber incident

• Full-year volumes impacted by US tariffs, China market challenges, and planned wind-down of legacy Jaguar models