
Net profits at India's largest automotive manufacturer tripled to 53.98 billion rupees ($882 million) in the three months to the end of June, far exceeding analysts' expectations had expected. Revenue grew by nearly 40 percent.
In the quarter ending June 30, JLR’s revenues hit £5.4b billion, a 31 percentage rise of £1.3 billion on the same period last year. Pre-tax profit more than doubled from £415 million to £924 million prompting CEO Ralf Speth to say: “This financial performance reflects Jaguar Land Rover’s award-winning product portfolio."