India's Tata Motors Q3 profit rises over two-fold

BENGALURU (Reuters) - India's Tata Motors, the country's most valuable carmaker, reported a more than two-fold increase in third-quarter profit on Friday, driven by strong sales in its British luxury car unit, Jaguar Land Rover (JLR).

Consolidated net profit rose to 70.25 billion rupees ($847.7 million) in the three months ended Dec. 31 from a year earlier.

($1 = 82.8760 Indian rupees)

(Reporting by Varun Vyas in Bengaluru; Editing by Sonia Cheema)