TVS Supply Chain Solutions (TVS SCS) on Friday, August 8, reported a sharp decline in profitability for the first quarter of the year, with net profit falling 62% year-on-year (YoY) to ₹3.3 crore. The same for the year-ago period was ₹8.7 crore.
Revenue remained mostly flat, down 0.2% at ₹468 crore versus ₹469 crore in the year-ago quarter.
The company’s earnings before interest, taxes, depreciation, and amortisation (EBITDA) plunged 47.3% to ₹21.5 crore from ₹40.8 crore last year. The margins also narrowed significantly to 4.6%, from 8.7% in the corresponding quarter of the previous year.
The company is going through a restructuring programme in the UK and Europe at the moment We are confident of delivering progressive improvements in margin profile and bottomline performance through the course of FY26 and beyond,” R Vaidhyanathan, Global Chief Financial Officer, said.
Ravi Viswanathan, Managing Director, TVS Supply Chain Solutions, said, “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.”
Operating in 26 countries across the world, TVS SCS serves companies across industries like automotive, industrial, consumer, tech and tech infra, rail and utilities, and healthcare, among others.
Shares of TVS Supply Chain closed August 8 at ₹124.22, ₹0.55 or 0.44% lower than the day’s opening on the NSE.
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(Edited by : Shoma Bhattacharjee)
First Published: Aug 8, 2025 8:22 PM IST
