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Jaguar and Land Rover revs up Tata Motors
Strong sales of luxury Jaguar and Land Rover vehicles helped Tata Motors triple its first quarter profit, more than making up for a drop in domestic sales. Tata Motors, part of the £60bn Tata empire, said profit rose to 53.98bn rupees (£525.6m), the highest in nine quarters, up from 17.26bn rupees in 2013. Revenue rose 38.2 per cent to 646.83bn rupees.