MUMBAI -- Jaguar Land Rover's quarterly profit before tax rose to 595 million pounds ($774 million) from 399 million pounds in the same quarter a year earlier.
The profit includes a one-time credit of 437 million pounds related to changes to the way JLR's pension payments are calculated, Tata Motors said on Wednesday in an earnings release.
Combined retail sales of Jaguar cars and Land Rover SUVs increased 3.5 percent to 137,463 in the quarter ended June 30, led by strong demand for the Jaguar F-Pace, Tata Motors said.
JLR vehicle sales jumped 30 percent in China and rose 16 percent in North America, while volume was flat in Europe, with UK sales down 14 percent after changes in vehicle tax hit demand.
JLR said costs related to introduction of new models will continue. Land Rover unveiled the new Range Rover Velar SUV this year and plans to introduce its first all-electric vehicle, the Jaguar I-Pace.
Reuters and Bloomberg contributed to this report