The accounts cover the first three months of the financial year, to the end of June.

The latest figures come two weeks after the company confirmed that it was planning to make up to 300 job losses, less than a year after a cyber-attack took production offline for five weeks, costing JLR almost £2bn.

In a statement, Jaguar Land Rover Automotive PLC said “Despite the supply constraints and market disruption faced by the business, the first quarter has been profitable.

“A combination of the recently announced growth objectives and the exciting product launches due in the coming months leaves JLR in good shape whilst acknowledging the continuing geopolitical, inflationary and regulatory challenges the industry faces.”

JLR said the latest profits had also been affected by the planned wind down of current Jaguar cars, ahead of the launch of the all-electric Jaguar Type 01.