Since the Tata takeover, Jaguar Land Rover has for the first time reported profit in a quarter. Ratan Tata led Tata Motors acquired Jaguar Land Rover in 2008. Since then, it faced many problems during the slowdown and fought bravely to each one of them and finally by axing some staff and increasing the sales of luxury cars in the recovery period it has reported profit for the first time.

The much talked about deal between the British giant and the Indian giant took place in 2008 amid many controversies. This quarter the British carmaker has registered a profit of 90 million dollars which is about 4.17 billion rupees in the quarter ended December. Tata Motors in India also showed great signs of recovery from loss and posted a net income 6.5 billion rupees.

The British company increased the sale by 28% cashing in on the recovery period and also fired a total of 2200 employees in order to slice production costs. The two way axing definitely helped the company in posting positive results.