Two important updates from the Tata group today, showing a clear contrast between auto and energy businesses:
**1) Jaguar Land Rover (JLR) – Q3FY26 (**[Press Release](https://www.bseindia.com/xml-data/corpfiling/AttachLive/4653f3da-7e37-45d5-81dc-8b80069e9c5a.pdf)**)**
* Wholesale volumes down **43% YoY** to \~59,200 units
* Retail sales down **25% YoY**
* Impacted by:
* Cyber incident causing production stoppages
* Distribution delays even after restart
* Planned wind-down of legacy Jaguar models
* Incremental US tariffs
* One positive: **Premium SUV mix (Range Rover, Defender)** remains strong at \~74% of volumes
* Market focus now shifts to **Q4 recovery**, as production normalised only by mid-November
**2) Tata Power – Rooftop Solar (**[Press Release)](https://www.bseindia.com/xml-data/corpfiling/AttachLive/495fe37f-2064-4e42-9015-ea2038e57ee7.pdf)
* Achieved **1 GWp rooftop solar capacity in just 9 months of FY26**
* **127% YoY growth** vs last year
* Added **1.7 lakh new customers (+345% YoY)**
* Total rooftop customer base now **3 lakh+**, cumulative capacity **4 GWp+**
* Strong execution across multiple states, aligned with India’s clean energy push
**Takeaway:**
Auto business (via JLR) is facing **temporary operational headwinds**, while Tata Power’s renewable arm continues to show **strong execution and scale-up**. Same group, very different cycles playing out.