TVS SCS posts Rs 11 crore net profit in Q3; order pipeline at ₹6,300 cr | Company Results

TVS Supply Chain Solutions (TVS SCS), a global supply chain solutions provider and one of India’s largest and fastest growing integrated supply chain solutions companies, reported a profit after tax (PAT) of Rs 11.19 billion in the third quarter of FY26, compared to a loss of Rs 23.8 billion in the same period last year.

The company reported revenue of Rs 2,715.81 billion in Q3 FY26, up 11.1 per cent year-on-year, driven by continued strength in the Integrated Supply Chain Solutions (ISCS) segment and significant improvement in volumes in the Global Forwarding Solutions (GFS) segment. Adjusted EBITDA rose 32.5 percent year-on-year to 199.31 billion rupees; Margins increased by 120 basis points to 7.34 percent (compared to 6.15 percent in the previous year), reflecting growth and operating leverage.

The company also recorded a strong order pipeline of Rs 6,300 billion and revenue from new business wins stood at Rs 319 billion in the third quarter. Profit before tax (PBT) before exceptional items in Q3 FY25 stood at 25.13 billion rupees, compared to a loss of 15.19 billion rupees in Q3 FY25; This is a reflection of improved operating performance and margin expansion.

“The key developments in the quarter were double-digit revenue growth, margin expansion, continued improvement in profitability, disciplined execution and increased operating leverage,” said Ravi Viswanathan, Managing Director, TVS Supply Chain Solutions. “The third quarter was a significant milestone for us, with strong sales growth, a gradual change in EBITDA performance and margins, and continued improvement in profitability. This quarter was led by strong business growth in India, supported by disciplined execution across our operating regions and a sharp focus on efficiency,” he added.

R Vaidhyanathan, global chief financial officer of TVS Supply Chain Solutions Ltd, said: “Q3 reflects continued improvement in earnings supported by margin expansion in the ISCS segment and stronger operating leverage. Growth in PBT and PAT reflects the steps we have taken to improve profitability. We remain committed to sustaining margin progress and improving overall return metrics.”