Jaguar, Land Rover Drive Threefold Jump in Parent Tata's Profits

Newswire

(Adds financial details, auto industry background) By Aman Shah and Aditi Shah MUMBAI/NEW DELHI, Aug 11 (Reuters) - Strong sales of luxury Jaguar and Land Rover vehicles helped India's Tata Motors triple its first-quarter net profit, more than making up for a drop in domestic sales. India's biggest automaker by revenue bought British carmaker Jaguar Land Rover (JLR) in 2008, and it has been propping up profits at its parent for the past few years - helped by strong sales growth in ...

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