Skoda Profit FY 23: In terms of net profit, in the last five fiscals the company posted its highest in FY21 at INR 756.97 crore. It was at INR 261.39 crore in FY20 and INR 198.06 crore in FY19.
Volkswagen Group Components: In the past, electronic components like control units were procured and the Tier 1 suppliers were largely free to decide which parts they used. Going forward, in close collaboration and partnership with Tier 1 suppliers, Group procurement will define which semiconductors and other electronic parts are to be used, the company said.