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TVS SCS Q1FY25 results: Net profit at Rs 7.5 cr on growth in revenue

Business Standard LogoBusiness Standard8h ago

TVS SCS Q1FY25 results: Net profit at Rs 7.5 cr on growth in revenue - Business Standard

Quick Summary:

This, combined with effective debt management, has led to PBT improvements for the last four quarters.

This development is expected to open up more outsourcing opportunities for supply chain players like TVS SCS.“Investments in process automation and productivity initiatives have driven improvement in operating margins.

The rise in profit was mainly due to a growth in revenue and a surge in volume in the network solutions business by 19 per cent.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-30 @ 20:04:30 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 439 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21857931

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 298 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

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Publisher ID: #49

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