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Tata Motors sees profits triple on Jaguar turnaround

The Indian carmaker made total profits after tax for the last 12
months of 92.7bn rupees ($2bn, £1.3bn), up 260% from a year earlier,
thanks to a 33% rise in revenues to 1.2tn rupees. Business at its
Jaguar Land Rover subsidiary saw a sharp turnaround, with £1.1bn in
profits before tax, having hardly broken even in the 2009-10 year. The
firm said it planned to expand exports by its UK subsidiary.
---------------BBC ONLINE