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TVS CKD Kit: The CKD kits cater to TVS Motor's 26 export markets in Asia and Africa. TVS SCS’s ultra-modern tech-driven facility supports global export capabilities through CKD with zero defects, the company said.
TVS SCS Thailand: TVS SCS (Siam) Limited is a wholly owned subsidiary of the company in Thailand and has not been carrying out any business operations during the last Financial Year. The said subsidiary is a dormant company with nil turnover. The dissolution is under the process, not yet completed, the company said.
TVS Supply Chain Solutions, a global supply chain solutions provider, reported a 42% decrease in consolidated net profit for Q3FY24. Despite the decrease, the quarter showed improvement compared to the previous quarter. The company's revenue from operations also decreased in Q3FY24. However, EBITDA remained flat compared to the previous quarter and the EBITDA margin increased.
The Singapore facility of the TVS Supply Chain Solutions caters to the Asia Pacific markets of Rolls-Royce power system business unit, according to the company.
India Business News: TVS Supply Chain Solutions (TVS SCS) reported a net loss of Rs 30 crore in the second quarter, compared to a loss of Rs 51 crore in Q1. “On a consolid