TVS Supply Chain Solutions Q1 profit rises on strong business wins, freight volumes

TVS Supply Chain Solutions reported a 28.7% year-on-year increase in consolidated revenue to Rs 3,335.2 crore for the June quarter, while adjusted EBITDA rose 34% to Rs 232.2 crore, helped by higher volumes and improved profitability in its global forwarding business.

Adjusted profit before tax increased 70.7% to Rs 32.1 crore in the first quarter of FY27, compared with Rs 18.8 crore a year earlier.

Reported net profit fell to Rs 22.5 crore from Rs 71.1 crore in the year-ago quarter. The June 2025 quarter included a one-time gain from an InVIT transaction. Excluding that gain, net profit rose 155.6% from Rs 8.8 crore.


The company's Integrated Supply Chain Solutions (ISCS) business reported a 21.9% increase in revenue to Rs 2,417.2 crore. Revenue from its Global Forwarding Solutions (GFS) business rose 50.6% to Rs 918 crore, while adjusted EBITDA more than doubled to Rs 37.9 crore. GFS EBITDA margin improved to 4.1% from 2.1% a year earlier.

TVS SCS said it secured its highest-ever quarterly new business wins of Rs 543 crore during the quarter, taking its order pipeline to more than Rs 7,500 crore.

"Adjusted EBITDA grew 34% while adjusted PBT increased 71%, reflecting operating leverage and disciplined cost management," global CFO R Vaidhyanathan said.

The company's India revenue grew 43.9% to Rs 997.7 crore. India Ratings also revised its credit outlook on the company to positive from stable.