TVS Supply Chain Reports Eightfold Surge in Q1 Net Profit to ₹71 Crore

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TVS Supply Chain Solutions (TVS SCS) posted a significant rise in its consolidated net profit for the first quarter of fiscal year 2026, recording ₹71.16 crore compared to ₹7.47 crore in the same period last year. The company attributed the sharp jump in profitability largely to its share of profit from associate TVS Industrial & Logistics Parks (TVS ILP), following the latter’s infrastructure investment trust (InvIT) listing.

The company reported a 2.1 percent year-on-year increase in consolidated revenue from operations, reaching ₹2,592.31 crore in the quarter ended June 2025, up from ₹2,539.39 crore a year ago. On a sequential basis, revenue rose 3.7 percent.

Adjusted earnings before interest, taxes, depreciation, and amortisation (EBITDA) for the quarter stood at ₹172 crore, up 10 percent from the preceding quarter. However, it declined by 6.8 percent compared to the same period last year. The EBITDA margin came in at 6.6 percent, compared to 7.3 percent in Q1 FY25 and 6.3 percent in Q4 FY25.

Profit before tax, excluding exceptional items and share of profit from associates and joint ventures, was ₹17.53 crore. This marked a 37.4 percent year-on-year increase and a 45.7 percent rise quarter-on-quarter. Including the exceptional gain, profit before tax surged to ₹103.47 crore.

A major contributor to the net profit was TVS SCS’s 25.2 percent stake in TVS ILP. The share of profit from the associate stood at ₹177.23 crore during the quarter. TVS ILP’s InvIT listing included a fresh issue of ₹1,050 crore and an offer-for-sale component of ₹250 crore.

TVS SCS said the restructuring of its European and UK operations into a single unified organisation is expected to enhance synergies, execution capabilities, and long-term margins.

Revenue from the Integrated Supply Chain Solutions (ISCS) segment stood at ₹1,982.90 crore, up 4.1 percent from last year. EBITDA margins in this segment were at 8.3 percent compared to 8.9 percent in the previous year. The Network Solutions segment saw a 3.9 percent year-on-year decline in revenue to ₹609.41 crore, with an EBITDA margin of 4.9 percent.

TVS Supply Chain remains focused on margin improvement, cost optimisation, and expansion in strategic markets amid evolving global supply chain dynamics.