Covid-related disruptions had no impact on Jaguar Land Rover: Tata Motors

Reassurance comforted investors; Stock surged by 3.96 per cent

Tata Motors said on Thursday that the Covid-19 disruptions facing Jaguar Land Rover (JLR), its UK subsidiary, have had no impact on the company’s business. It assured that the firm remains on track with its guidance on cash flows and profitability.

“JLR has comprehensive contingency planning and actions in place to respond to ongoing Covid challenges and disruption. This is subject to constant review,” the firm said in a notification to the stock exchanges. Recent issues at UK ports have had no immediate impact for JLR, the firm said. 

“Our guidance of improved growth, profitability and cash flows in the