TVS Supply Chain Solutions reports a strong FY26 performance with consolidated revenue reaching ₹11,002.97 crore and an annual profit of ₹117.02 crore. Alongside the financial results, the board announced a leadership transition: Managing Director Ravi Viswanathan will step down effective June 30, 2026, to be succeeded by current Global CEO Vikas Chadha, whose five-year term begins on July 1, 2026.
FY26 Financial Performance
For the financial year ended March 31, 2026, the company achieved significant growth, reporting a consolidated annual revenue of ₹11,002.97 crore compared to ₹9,995.72 crore in the previous year. Annual consolidated profit for the period stood at ₹117.02 crore, a robust recovery from the ₹9.64 crore loss reported in the prior fiscal year. The quarter ended March 31, 2026, specifically contributed ₹3,032.22 crore in revenue with a profit of ₹18.36 crore.
Strategic Realignment and Operational Highlights
The company successfully implemented ‘Project One’, a strategic transformation initiative aimed at streamlining operations and rationalizing cost structures across the UK and Europe. The company recognized restructuring costs of ₹91.29 crore during the year. Additionally, the company is expanding its footprint, notably through a definitive agreement for its subsidiary, FIT 3PL, to acquire a stake in the Swamy & Sons group.
Leadership Transition
The Board of Directors has approved a major leadership change. Managing Director Ravi Viswanathan will step down from his role and the Board effective June 30, 2026. He will continue to support the company in an advisory capacity. Mr. Vikas Chadha, the current Global CEO, has been appointed as the new Managing Director for a five-year term commencing July 1, 2026. Mr. Chadha brings over 30 years of leadership experience in managing large-scale global P&L operations.
Annual General Meeting
The company has scheduled its 22nd Annual General Meeting (AGM) for Wednesday, August 5, 2026. The meeting will be conducted via Video Conferencing and Other Audio-Visual means to facilitate shareholder participation.
Source: BSE
