TVS Supply Chain Solutions reports a strong FY26 performance, posting an annual profit of ₹117.02 crore, a significant turnaround from the previous year. Alongside these results, the company announced a major leadership change, with Mr. Vikas Chadha set to take over as Managing Director effective July 1, 2026, following the retirement of Mr. Ravi Viswanathan. The company also confirmed its 22nd Annual General Meeting scheduled for August 5, 2026.
Financial Turnaround in FY26
TVS Supply Chain Solutions has demonstrated impressive financial growth for the fiscal year ended March 31, 2026. The company reported a consolidated net profit of ₹117.02 crore, marking a significant recovery from a loss of ₹9.64 crore in the previous financial year. Annual revenue from operations rose to ₹11,002.97 crore, up from ₹9,995.72 crore in FY25, driven by steady demand across its business segments.
Strategic Realignment and Operational Highlights
As part of its strategic initiative, the company successfully implemented ‘Project One’, a transformation program designed to streamline operations and optimize cost structures across its UK and European markets. These restructuring efforts incurred costs of ₹91.29 crore. Additionally, the company is expanding its footprint, notably through the acquisition of an 80% stake in Swamy & Sons 3PL Private Limited, which was finalized in May 2026 for a consideration of ₹59.56 crore.
Leadership Transition
The company announced a key change in its top management. Mr. Ravi Viswanathan, the current Managing Director, will step down from his role and the Board of Directors effective June 30, 2026. The Board has appointed Mr. Vikas Chadha, the current Global Chief Executive Officer, as the new Managing Director for a five-year term, commencing July 1, 2026, subject to shareholder approval.
Segment Performance
The group operates through two primary reportable segments following its internal reorganization: Integrated Supply Chain Solutions (ISCS) and Global Forwarding Solutions (GFS). The ISCS segment remained the dominant contributor, generating ₹8,255.96 crore in revenue for the full year, while the GFS segment contributed ₹2,768.66 crore, reflecting the company’s focus on leveraging synergies across its global logistics network.
Source: BSE
