TVS Supply Chain Solutions Limited announced its Unaudited Standalone and Consolidated Financial Results for the quarter and nine months ending December 31, 2025, on February 10, 2026. The results detail segment performance following a recent internal reorganization. Key figures for the consolidated segment performance are provided across both quarterly and nine-month periods, alongside details regarding exceptional items related to strategic transformation initiatives.
TVS Supply Chain Solutions: Board Meeting Outcome
The Board of Directors of TVS Supply Chain Solutions Limited convened on Tuesday, February 10, 2026, and approved the Unaudited Standalone and Consolidated Financial Results for the quarter and nine months ended December 31, 2025. The meeting commenced at 02:00 P.M. (IST) and concluded at 04:00 P.M. (IST).
Consolidated Financial Highlights (Q3 FY2026 vs. Q3 FY2025)
For the quarter ended December 31, 2025, the consolidated performance metrics reflected the following movements compared to the previous year’s corresponding quarter:
- Profit/(loss) attributable to Owners of the Company stood at ₹10.72 crores, against (₹24.65 crores) in Q3 FY2025.
- Total comprehensive income for the period was ₹23.29 crores, compared to (₹43.31 crores) in the prior year quarter.
For the nine months ended December 31, 2025:
- Profit/(loss) attributable to Owners of the Company was ₹96.73 crores, significantly up from (₹8.83 crores) in the nine months ended December 31, 2024.
- Total comprehensive income reached ₹168.97 crores, against (₹6.67 crores) for the corresponding nine-month period last year.
Consolidated Segmental Performance Post Reorganization
Effective April 1, 2025, the Group reorganized its structure into two reportable segments for CODM evaluation:
- Integrated Supply Chain Solutions (ISCS): Comprising Warehousing and Distribution business.
- Global Forwarding Solutions (GFS): Comprising Freight Forwarding and related solutions business.
Segment Revenue from operations for Q3 FY2026 was ₹2,715.81 crores, while for the nine months ended December 31, 2025, it was ₹7,970.75 crores. Segment results for the nine months showed ISCS contributing ₹520.83 crores and GFS contributing ₹42.40 crores to the total segment results.
Exceptional Items and Notes
The results include several significant non-recurring items:
- Strategic Transformation Costs: During the nine months, the Group recognized restructuring costs of ₹91.29 Crores under “Project One,” related to streamlining operations across the UK and Europe.
- Labour Code Impact: An estimated incremental impact of ₹9.13 crores on employee benefit obligations, based on the recently notified Labour Codes, is treated as an exceptional, non-recurring item for the quarter and nine months ended December 31, 2025.
- Deferred Tax Reversal: A ₹5.10 crores reversal of Deferred Tax Liability occurred following an assessment of dividend policies.
Standalone Financial Performance (Q3 FY2026 vs. Q3 FY2025)
In the standalone results, Profit/(loss) for the period/year for Q3 FY2026 was ₹9.83 crores, an improvement from (₹3.13 crores) in Q3 FY2025. For the nine months ended December 31, 2025, the standalone profit was ₹49.01 crores, against ₹69.65 crores in the corresponding period of the prior year. The standalone operations are deemed to fall within a single business segment (ISCS).
Source: BSE
