Luxury carmaker Jaguar Land Rover (JLR) reported a strong growth of profits in the last quarter of 2013, driven by strong demand worldwide and launch of new models, said the company on Monday.

JLR, a British brand which is now owned by India's Tata Motors, said its profit before tax for the quarter ended Dec. 31 last year grew to 842 million pounds (1,381 million U.S. dollars), more than double of the 404 million pounds in the corresponding quarter in 2012.

Profits after tax grew to 619 million pounds in the last quarter of 2013, compared with 296 million pounds in the same period of 2012.

Commenting on the results, JLR Chief Executive Officer Ralf Speth said: "Our financial performance for this and the preceding quarters is a testament to the quality of Jaguar Land Rover's award winning product offerings which continue to meet the exacting standards demanded by our customers around the world."

The growth in volume of JLR is attributed to the launch of new Range Rover Sport, new Range Rover and Jaguar F-TYPE, alongside higher volumes of the newer XF and XJ derivatives.

Meanwhile, JLR's wholesale and retail volumes for the quarter increased by 22.7 percent and 26.5 percent respectively, over the corresponding period 2012 and stood at 116,357 units and 112,172 units respectively.

Revenues for the quarter ended Dec. 31 last year amounted to 5,328 million pounds, an increase of 40.1 percent year on year, and operating profit stood at 955 million pounds in the quarter, up 79.2 percent.

Tata Motors bought Jaguar and Land Rover from Ford Motor in 2008 for 2.3 billion U.S. dollars as part of plans to expand its reach beyond Asia. (1 pound = 1.64 U.S. dollars) Endi

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