New Delhi, Nov. 13 -- Job cuts and asset write-downs at Jaguar Land Rover (JLR) caused its parent Tata Motors Passenger Vehicles Ltd to record a Rs.5,451 crore loss in the September quarter, even as the British luxury carmaker warned of lower profits and revenue this fiscal year.

The Mumbai-based company had posted a Rs.76,428 crore profit a year ago, driven by a one-time gain of Rs.82,616 crore from the demerger of its commercial vehicle business from Tata Motors. Without the one-time gain, its loss stood at Rs.6,368 crore in the year-ago quarter.

Consolidated revenue surged 34% to Rs.96,920 crore as sales across both domestic and JLR business rose.

On Friday, JLR lowered its fiscal year 2026-27 (FY27) adjusted operating profit margin...