Tata Motors, owner of the SLOTXO Jaguar Land Rover (JLR), said it still felt stressed by the global shortage of semiconductors. But car sales recovered after the pandemic.

JLR, which brings in most of its revenues from the group of companies. There was a 68% increase in sales year-on-year.

But Tata said the chip shortage is likely to worsen in the short term.This means that next quarter JLR production will be cut in half.

Tata's April-June losses fell to $598 million (£432.7 million) after losses of more than $1 billion in the previous three months.

JLR Chief Executive Thierry Bollore said the environment continued to be "challenging".