British luxury carmaker Jaguar Land Rover lowered its fiscal 2026 earnings before interest and taxes margins forecast to 5 per cent-7 per cent on Monday from 10 per cent earlier, amid uncertainty in the global auto industry as US tariffs loom.
Shares in the company’s Indian parent Tata Motors (TAMO.NS) slumped as much as 5.2 per cent in early trade following the announcement.
The revised EBIT margin forecast is also
