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TVS Supply Chain Solutions Ltd News

TVS Supply Chain Solutions signs deal with Daimler Truck South East Asia

TVS Supply Chain Solutions has secured a strategic deal with truck manufacturer Daimler Truck South East Asia to streamline its supply chain operations in the region. Daimler Truck South East Asia Pte Ltd is a company of German truck maker Daimler Truck AG. "...announced a new 5-year strategic contract with Daimler Truck South East Asia Pte Ltd, a Daimler Truck AG company, for integrated supply chain solutions service in Singapore." city-headquartered TVS Supply Chain Solutions said in a statement. The company said the deal would streamline supply chain operations for the distributor network, dealer and workshops of Daimler Truck South East Asia in 16 countries located in the Asia-Pacific region from its strategic logistics centre in Singapore. TVS Supply Chain Solutions Global Forwarding Solutions CEO Vittorio Favati said, "The scope and prestige of this partnership reflect the trust placed in TVS SCS to manage critical supply chain operations." The collaboration between the two

TVS Supply Chain Solutions signs deal with Daimler Truck South East Asia
Updated On : 11 Jun 2024 | 7:28 PM IST

TVS Supply Chain Solutions reports net profit at Rs 5.4 crore in Q4

The company posted a 4.5 per cent year-on-year increase in revenue from operations to Rs 2,426 crore during the quarter ended March 31, 2024, as against Rs 2,321 crore in the same period last year

TVS Supply Chain Solutions reports net profit at Rs 5.4 crore in Q4
Updated On : 28 May 2024 | 4:48 PM IST

TVS Supply Chain Solutions Q4 results: Consolidated PAT at Rs 5.38 cr

TVS Supply Chain Solutions Ltd has reported a consolidated profit after tax of Rs 5.38 crore for the quarter January-March 2024. The city-based integrated supply chain solutions company registered a consolidated net loss of Rs 12.35 crore in the corresponding quarter last year. The company has recorded a consolidated net loss of Rs 90.49 crore for the year ending March 31, 2024 whereas last year it made a net profit of Rs 41.76 crore. The total income for the quarter under review on a consolidated basis grew to Rs 2,433.06 crore from Rs 2,332.53 crore in the same quarter last year. For the year ending March 31, 2024, the consolidated total income marginally fell to Rs 9,254.83 crore from Rs 10,070.01 crore a year ago. In a statement on Tuesday, the company said the integrated supply chain solutions segment reported a quarterly revenue of Rs 1,379.5 crore and contributed growth of 8.4 per cent, quarter-on-quarter, and 9.9 per cent, year-on-year. This growth was driven by a combina

TVS Supply Chain Solutions Q4 results: Consolidated PAT at Rs 5.38 cr
Updated On : 28 May 2024 | 4:09 PM IST

TVS SCS wins new business deal for Eicher's bus facility in Baggad

VECV has been associated with TVS SCS since 2006 for in-plant logistics operations at its truck plant in Pithampur

TVS SCS wins new business deal for Eicher's bus facility in Baggad
Updated On : 08 May 2024 | 5:05 PM IST

TVS Supply Chain Solutions expands warehousing footprint in India

The warehousing solutions are equipped with cutting-edge technology systems and top-of-the-line material handling equipments

TVS Supply Chain Solutions expands warehousing footprint in India
Updated On : 07 Mar 2024 | 5:45 PM IST

TVS Supply Chain Solutions inaugurates warehousing facility in TN's Hosur

TVS Supply Chain Solutions Ltd on Thursday inaugurated an ultra-modern multi-client warehousing facility in Hosur, Tamil Nadu, as part of its expansion in the domestic market. The new warehouse offers value-added solutions like automation and data analytics to improve client productivity, the company said. The latest warehouse facility will provide more than 1,200 jobs, of which 300 will be women employees in various roles like kitting and binning, among others, it said. With the addition of this 6.50 lakh square feet of space, the company's total warehousing capacity has increased to 21.85 million sq ft from 21.2 million sq ft of space, TVS Supply Chain Solutions said. Globally, TVS Supply Chain Solutions operates around 300 strategically located warehouses across five continents, covering over 27 million sq ft of warehousing space. "We have strategically positioned our global parts distribution centre in this new facility, which will serve as a hub for our global market," K N ..

TVS Supply Chain Solutions inaugurates warehousing facility in TN's Hosur
Updated On : 07 Mar 2024 | 4:16 PM IST

TVS Supply Chain Solutions extends contract with Rolls-Royce for 5 years

The partnership extension is for the state-of-the-art Parts Distribution Centre (PDC) in Singapore serving the Asia Pacific markets for Rolls-Royce's Power Systems business unit

TVS Supply Chain Solutions extends contract with Rolls-Royce for 5 years
Updated On : 20 Feb 2024 | 4:01 PM IST

TVS SCS Q3 results: Company posts consolidated net profit of Rs 10 crore

The company's revenue from operations was also down by 6.4 per cent during the quarter under review to Rs 2,221.8 crore, compared to Rs 2,373.4 crore during the Q3 of FY23

TVS SCS Q3 results: Company posts consolidated net profit of Rs 10 crore
Updated On : 05 Feb 2024 | 9:59 PM IST