Anamika Mishra
[Sub Editor]
TVS Supply Chain Solutions Ltd posted a net loss of ₹24 crore for Q3 FY25, compared to a ₹10 crore profit in the same period last year, despite a 10% revenue increase to ₹2,445 crore. The decline in profitability was attributed to project delays in Europe and lower volumes in a seasonally weak quarter.
Segment-wise, Integrated Supply Chain Solutions (ISCS) revenue grew 2.3% YoY to ₹1,301 crore, while Network Solutions (NS) surged 20.4% YoY to ₹1,144 crore. The company remains optimistic about long-term growth, citing a strong order pipeline and improved margins in key markets.
TVS Supply Chain’s stock closed at ₹136.80, down 3.3%.
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Anamika Mishra
[Sub Editor]
Donald Trump’s decision about Iran’s Chabahar Port has put India in a tough spot. Since taking office, Trump has made several decisions that have created challenges for India. Now, his administration has taken another step that could place restrictions on India’s investment in the Chabahar Port. Trump has already signed the decision, but the Indian government has not yet commented on its impact.
The order, titled National Security Presidential Memorandum, specifically
mentions Chabahar Port. Its main objective is to put maximum pressure on the Iranian government.
Trump has instructed his Secretary of State, Marco Rubio, and Treasury Secretary, Scott Besant, to increase pressure on Iran. This includes blocking Iran’s income sources such as oil sales, port operations, and trade. The goal is to weaken Iran financially.
Additionally, Trump has stated that if Iran is found responsible for any attempt on his life, the country should be completely destroyed.
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