Latest news with #RaviViswanathan
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Business Standard
08-08-2025
- Business
- Business Standard
TVS SCS Q1 net profit soars eightfold to Rs 71 crore on InvIT, ops gains
TVS Supply Chain Solutions, one of the largest integrated supply chain solution providers in India, posted an over eightfold rise in consolidated net profit during the first quarter of 2025–26 to Rs 71.16 crore, compared to Rs 7.47 crore during the April–June quarter of FY25. The rise in profit was mainly due to improved operational performance and gains from an exceptional item following the listing of Rs 1,300 crore worth InvIT by TVS Industrial & Logistics Parks. The offering comprised a fresh issue of Rs 1,050 crore and an offer-for-sale of Rs 250 crore by an existing unitholder. The consolidated revenue for the quarter stood at Rs 2,592.31 crore, compared to Rs 2,539.39 crore in Q1 FY25, marking a year-on-year growth of 2.1 per cent. Adjusted EBITDA on a sequential basis was Rs 172.01 crore in Q1 FY26, as against Rs 156.41 crore in Q4 FY25, a growth of 10 per cent. Ravi Viswanathan, Managing Director, TVS Supply Chain Solutions Ltd, said, 'We have entered FY26 with a continued focus on performance excellence, customer-centricity, and long-term value creation. The new unified structure in Europe and the UK is driving operational synergies and enhancing service delivery through deeper customer engagement and sharper execution. Combining this with our focused business development efforts, we are confident that this alignment will position us to better meet evolving customer needs and unlock new growth opportunities.' The share of profit from TVS ILP, in which TVS SCS holds a 25.2 per cent stake, was Rs 177.23 crore in Q1 FY26. This followed the transfer of 11 million square feet of warehouse space as part of its InvIT (Infrastructure Investment Trust) listing. R Vaidhyanathan, Global Chief Financial Officer, TVS Supply Chain Solutions Ltd, said, 'We began FY26 on a steady note, with improved profit delivery and disciplined execution of our transformation initiatives. Our margin improvement reflects operational discipline across key businesses. Our strategic cost take-out initiatives are tracking well across regions. The restructuring programme in the UK and Europe is set to drive a step-change in operating leverage and long-term margin trajectory by redefining our cost baseline. We are confident of delivering progressive improvements in margin profile and bottom-line performance through the course of FY26 and beyond.' The company has consolidated its Integrated Final Mile (IFM) business into the Integrated Supply Chain Solutions (ISCS) segment across the UK and Europe to further strengthen its end-to-end solutions offering. This strategic move is aimed at meeting growing customer demand for seamless solutions. The unified structure enhances service delivery, sharpens execution, reduces duplication, and supports margin expansion.
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Business Standard
30-05-2025
- Business
- Business Standard
No indications of US market slowing down due to tariff: TVS SCS MD
The tally of our Fortune 500 customers increased from 78 to 91 in the last one year, Ravi Viswanathan said Shine Jacob Chennai Listen to This Article TVS Supply Chain Solutions (TVS SCS), one of the largest integrated supply chain solution providers in India, is on a wait-and-watch mode after the US tariff announcement, as the North American market contributes a considerable share of its revenue. Managing Director Ravi Viswanathan speaks to Shine Jacob about the geopolitical crisis in West Asia, the company's US market strategy, and on alternative supply chains, in a virtual interaction with Shine Jacob. Your revenue is almost touching ₹10,000 crore. What's your outlook regarding revenue growth? What is most exciting is the quality of customers we are adding. The tally of our
Time of India
30-05-2025
- Business
- Time of India
TVS Supply Chain Solutions narrows net loss by 83% QoQ to ₹3.9 crore in Q4FY25
TVS Supply Chain Solutions narrowed its consolidated net loss by 83.61per cent quarter-on-quarter to ₹3.9 crore in Q4FY25, compared to a consolidated net loss of ₹23.8 crore in Q3FY25. On a year-on-year basis, however, the Chennai-headquartered company swung into a loss in the fiscal fourth quarter that ended March 31, 2025. The company had posted a profit after tax (PAT) of ₹5.4 crore in Q4FY24. For the full fiscal year (FY) 2025, the company's net loss shrank by 83per cent year-on-year to ₹9.7 crore, compared to a net loss of ₹57.7 crore in FY24. TVS Supply Chain Solutions attributed this to its continued cost operational discipline, focused business development initiatives, and 'effective cost optimisation ' activities. The company's revenue from operations remained largely flat on a sequential basis at ₹2,498.8 crore in Q4FY25, compared to ₹2,444.6 crore in Q3FY25. For the full fiscal year, the company's revenue from operations increased by 8.6per cent year-on-year to ₹9,995.7 crore in FY25, up from ₹9,200 crore in FY24. 'We delivered a strong performance this year in a challenging macroeconomic environment. Our consistent focus on deepening engagement with marquee clients has been pivotal in driving our growth,' said Ravi Viswanathan, MD, TVS Supply Chain Solutions. Viswanathan added that the company won ₹1,009 crore of new contracts in FY25, underscoring the effectiveness of the company's business development initiatives. 'Our Global Fortune 500 customer base expanded from 78 to 91, a testament to the trust leading organisations place in our capabilities,' he said. Performance across segments The company operates through two segments: Integrated Supply Chain Solutions (ISCS) and Network Solutions (NS). The NS segment reported revenue of ₹1,078 crore in Q4FY25, up from ₹1,047 crore in the same quarter last year, reflecting a 3 per cent year-on-year growth. For the full year ended March 31, 2025, revenue from the segment reached ₹4,499 crore, representing a robust 13.6 per cent increase over FY24. In the ISCS segment, revenue grew 4.9 per cent in FY25. North America operations remained strong, contributing consistently to the segment's performance. The India portfolio stayed resilient and supported stronger bottom-line margins.
