TVS Supply Chain Solutions Ltd has recorded a a consolidated profit after tax for the April-June 2024 quarter at Rs 7.5 crore driven by strong topline growth in Integrated Supply Chain Solutions and Network Solution verticals, a top official said.
The city-based company part of the TVS Mobility Group had registered a net loss of Rs 5.4 crore during the corresponding quarter of last year.
Commenting on the financial performance Managing Director Ravi Viswanathan said, "We had a strong first quarter, driven by topline growth in both our ISCS (Integrated Supply Chain Solutions) and NS (Network Solutions) segments. The ISCS segment continues to lead our performance supported by significant volume improvements in the NS segment."
Revenue during the quarter under review grew by 4.7 per cent to Rs 2,539.4 crore from Rs 2,426.3 crore registered a year ago.
Continued growth momentum in Integrated Supply Chain Solutions and improved macro-economic situation in Network Solution businesses hel
