Iconic British car brand Jaguar Land Rover has made a strong contribution to a big rise in profits and revenues for its Indian owner Tata, the latter’s half year results reveal.
JLR’s profit after tax for the second quarter in Tata’s current financial year was £238m – a healthy contribution to an overall £3.1bn consolidated profit. This compares to profits for the group of just £30m in the same quarter in 2009. Tata’s revenues for the period were £17.4bn – an increase of 36.5 per cent,…
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