NEW DELHI -- Tata Motors has warned of decrease revenue at its luxurious unit Jaguar Land Rover for the fiscal 12 months as gross sales in China have taken successful due to the coronavirus outbreak.

The outbreak has hit JLR's retail gross sales in China and is anticipated to decrease the automaker's full-year earnings earlier than curiosity and tax margin, its Indian mother or father mentioned in a press release.

"Recognizing the current scenario is extremely unsure and will change, the discount in China gross sales ensuing from the coronavirus presently is estimated to cut back Jaguar Land Rover's full 12 months EBIT margin by about 1 p.c," Tata mentioned.

The coronavirus epidemic, which began in China and is spreading globally, has damage gross sales on the earth's largest auto market and likewise disrupted auto provide chains affecting automakers in all elements of the world.

Tata Motors warned in January the coronavirus may impression its revenue margin forecast of round three p.c for the JLR unit for the fiscal 12 months 2020 at a time when it was making...