Guenter Butschek, CEO and MD, Tata Motors, said "Fiscal year 2019 so far has been a challenging period for the industry".
The loss was entirely due to the plunging value of Britain's biggest carmaker, which accounted for most of Tata's $11 billion revenue in the quarter. Sales rose by a fifth year on year in the quarter in the United States and by 18% in the UK.
The firm said "significant market, technological and regulatory headwinds" were affecting the sector, while investment in new models and changing technology was still high.
Jaguar Land Rover employs just under 39,000 workers at sites including Castle Bromwich, Solihull and Wolverhampton in the West Midlands, and Halewood on Merseyside.
Carmakers around the world are getting hurt by the slump in China, whose auto market shrank for the first time in more than two decades past year.
In a filing with the BSE, the automaker said its performance was impacted by challenging market conditions particularly in China and inventory corrections. "We continue to work closely with Chinese retailers to respond to current market conditions", he added.
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The company said it's overhauling its China operation, cutting back on deliveries to reduce stock.
On Friday, Tata Motors and Tata Motors DVR tanked over 20 per cent each and hit a low of Rs 129 levels and Rs 71, respectively on the National Stock Exchange (NSE).
Tata Motors said it wrote down its JLR investment due to hard market conditions and expanding debt.
The automaker's loss came at 269.93 billion rupees ($3.78 billion) for the three months ended December 31, compared with a profit of 11.99 billion rupees in the year-ago period. "They are reinforcing that they are serious about achieving a turnaround, saving costs and taking measures that might be tough".
The company, which employs 18,500 manufacturing staff in the Midlands and Merseyside, last month said it will cut 4,500 jobs in response to the challenges. This is expected to result in a one-time exceptional redundancy cost of around £200m.
Given the muted demand for its vehicles JLR has concluded that the carrying value of capitalised investments should be adjusted down, resulting in a non-cash £3.1bn pre-tax exceptional charge and an overall pre-tax loss of £3.4 billion for the quarter.