MD, TVS SCS
TVS Supply Chain Solutions Limited, a global integrated supply chain solutions provider and part of the TVS Mobility Group, closed FY2024–25 on a strong note with a sharp turnaround in profitability, improved operational efficiency, and solid traction across both business segments. The company posted a Profit Before Tax (PBT) of ₹29.3 crore for the full year, compared to a loss of ₹36.1 crore in FY24 – signalling disciplined execution, enhanced client engagement, and continued business development success.
FY25: Revenue Growth and Profitability Rebound
For the full fiscal year, TVS SCS reported consolidated revenue of ₹9,996 crore, marking an 8.6% growth over the previous year (₹9,200 crore). The company narrowed its net loss to ₹9.7 crore in FY25, a significant improvement from a loss of ₹57.7 crore in FY24. Operational recovery was evident across all financial metrics, with improvements over Q3 FY25 as well.
In Q4 FY25, PBT stood at ₹13 crore, more than doubling from ₹5 crore in Q4 FY24 and reversing the ₹15.2 crore loss posted in Q3 FY25. While consolidated EBITDA margin for FY25 moderated to 6.7% from 7.7% in FY24, Q4 sequential momentum and positive operating cash flows of ₹195 crore reflect enhanced working capital management and financial discipline.
Resilience in ISCS, Growth in Network Solutions
TVS SCS operates two key verticals – Integrated Supply Chain Solutions (ISCS) and Network Solutions (NS) – both of which reported stable to growing revenues across FY25.
The ISCS vertical clocked an FY25 revenue of ₹5,496.5 crore, up 4.9% YoY, in which the North American market continued to be a key driver, while the India portfolio supported overall margins.
The Network Solutions (NS) arm hit ₹4,499 crore revenue in FY25, up 13.6% YoY, with strong market demand and increased customer activity driving growth across geographies.
Customer Expansion and Record Pipeline
The company added ₹1,009 crore in new contracts during FY25 and significantly expanded its Global Fortune 500 customer base from 78 to 91, reinforcing its credibility as a preferred supply chain partner for large enterprises.
The order pipeline reached a record-high ₹5,250 crore, providing solid visibility for FY26 and reflecting strong business development efforts across key sectors and geographies.
From the C-Suite
Ravi Viswanathan, Managing Director, TVS Supply Chain Solutions Ltd., stated: “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. The addition of 13 new Global Fortune 500 clients and ₹1,009 crore in new business wins is a clear validation of our strategy. With a ₹5,250 crore pipeline, we enter the new fiscal with robust momentum and clear visibility.”
R. Vaidhyanathan, Global Chief Financial Officer, commented: “We closed FY25 with positive operating cash flow of ₹195 crore, highlighting our focus on efficient working capital management. Q4 saw strong recovery across all regions, leading to a sequential turnaround in profitability. With strategic cost-takeout initiatives underway, we expect to improve profitability further while maintaining healthy cash generation.”
