“As part of the controlled, phased restart of our operations, today we have informed colleagues, suppliers and retail partners that sections of our digital estate are now up and running. The foundational work of our recovery programme is firmly underway”, the company’s British subsidiary said.
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The luxury carmaker added that it has significantly ramped up its IT processing capacity for invoicing and is now working to clear the backlog of supplier payments at the earliest. Its Global Parts Logistics Centre — which supplies distribution centres for retail partners in the UK and globally — is returning to full operations, enabling partners to continue servicing customer vehicles.
Additionally, the financial system used for processing wholesale vehicle sales is back online, allowing the company to sell and register vehicles more quickly and improve cash flow.
The development gains significance as JLR, earlier this week, announced that it is extending the production delay until October 1. “JLR accounts for 70-75% of its consolidated revenue; the attack’s disruption to production and IT systems could have a significant financial impact. The estimated revenue loss is £300-400 million, with an additional £50-100 million in indirect costs. This could translate to a 1-2% drag on Tata Motors’ FY26 EBITDA,” Santosh Meena of Swastika Investmart told ETMarkets.JLR did not disclose the details on what kind of data was affected but said it had informed relevant authorities.
“Our forensic investigation continues at pace and we will contact anyone as appropriate if we find that their data has been impacted,” the company said earlier this month.
At about 9:45 am, shares of Tata Motors were trading at Rs 675, higher by 1.7% from the last close on the NSE. Given the negative news circling regarding the same, the stock slipped over 6% in the last 4 sessions.
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