New Delhi, June 16 -- Jaguar Land Rover (JLR) paid its highest-ever dividend of Rs.4,660 crore to Tata Motors Passenger Vehicles Ltd in FY26, during which the British brand slipped into a loss for the first time in three years, according to the Mumbai firm's annual report released late on Monday.

A Tata Motors PV spokesperson told Mint in an emailed response that the record dividend came from JLR's profits in FY25. The payout marks the British brand's second consecutive annual dividend after a five-year hiatus from FY19 to FY24.

In FY26, Jaguar Land Rover reported a net loss of about Rs.2,400 crore, compared with a profit of roughly Rs.21,600 crore in FY25. The decline followed a previous drop in profitability, with net profit falling t...