Chennai: TVS Supply Chain Solutions Ltd (TVS SCS) has reported a remarkable turnaround in profitability for the financial year 2025-26 (FY26), posting a consolidated net profit of Rs 117 crore, compared to a net loss of Rs 9.6 crore in the previous fiscal year. This impressive performance was driven by robust growth in its India business, improved operating performance, and effective cost-efficiency measures.
Financial Performance Highlights
The company's revenue from operations rose 10% to Rs 11,003 crore in FY26, up from Rs 9,996 crore in FY25. Adjusted profit before tax (PBT) before exceptional items surged to Rs 99.3 crore from Rs 37.3 crore in FY25, while reported PBT increased nearly five-fold to Rs 168.5 crore. For the fourth quarter of FY26 (Q4FY26), TVS SCS reported a consolidated profit after tax (PAT) of Rs 18.4 crore, compared with a loss of Rs 3.9 crore in the same quarter of FY25. Quarterly revenue grew 21.3% year-on-year to Rs 3,032 crore.
India Business Drives Growth
The company's India business continued to be a key growth driver, recording a 31.4% year-on-year increase in revenue during Q4FY26. This growth was supported by higher customer engagement and demand across various sectors. TVS SCS also secured new business wins worth Rs 524 crore during the quarter, strengthening revenue visibility for the coming year.
Segment Performance
Within the business segments, the Integrated Supply Chain Solutions (ISCS) division reported revenue of Rs 8,239 crore in FY26, up 9.6% year-on-year. The Global Forwarding Solutions (GFS) segment recorded revenue growth of 11.4% to Rs 2,764 crore. The company also expanded its global customer base, increasing the number of Fortune Global 500 customers served from 91 to 100 during the year.
Leadership Transition
The company announced that Managing Director (MD) Ravi Viswanathan will step down on June 30, 2026, as part of a previously announced leadership transition. Vikas Chadha, currently the Global CEO, will take over as MD from July 1, 2026.
This turnaround underscores TVS SCS's strategic focus on operational excellence and market expansion, positioning the company for sustained growth in the competitive supply chain solutions sector.
