TVS Supply Chain Solutions Swings To Profit In Q4 On Strong India Growth

CW Bureau ·

TVS Supply Chain Solutions Ltd (TVS SCS), a global supply chain solutions provider, has reported a consolidated net profit of ₹18 crore for the March quarter against a loss of ₹4 crore in the corresponding period last year.

Revenue from operations rose 21% to ₹3,032 crore. Of this, Integrated Supply Chain Solutions (ISCS) contributed ₹2,288 crore while Global Forwarding Solutions accounted for ₹750 crore.

India Business Drives Growth

Managing Director Ravi Viswanathan said the India business maintained strong momentum with over 31.4% growth, supported by deeper customer engagement, operational excellence and sustained demand across key sectors.

He said the company’s strong order pipeline and quarterly new business wins worth ₹524 crore provide good visibility for future growth.

He also noted that the number of Fortune Global 500 customers served by the company increased from 91 to 100, reflecting growing relevance as a strategic supply chain partner to global enterprises.

Margin Improvement Continues

Group CFO R. Vaidhyanathan said the ISCS business reported strong operational performance, with adjusted EBITDA margin improving to 9.3% in the March quarter from 8.5% a year ago.

He said the company remains focused on sustaining margin improvement and strengthening cash generation in FY27.

Leadership Transition

As part of the leadership transition plan announced earlier this year, the Board took note of the resignation of Ravi Viswanathan, who will step down as Managing Director with effect from June 30, 2026.

The Board has approved the appointment of Vikas Chadha, currently Global CEO, as Managing Director with effect from July 1, 2026.

TVS Supply Chain Solutions operates across 26 countries with over 16,500 employees and serves 100 Fortune Global 500 customers across sectors including automotive, industrial, consumer, technology, rail, utilities and healthcare.