TVS Supply Chain Solutions Limited , a leading global supply chain solutions provider, reported a 54% year-on-year increase in net profit to ₹16.31 crore for the quarter ended September 30, 2025 (Q2 FY26), driven by strong operational execution and improved cost efficiencies.

Key Highlights

• Consolidated revenue grew 6% year-on-year to ₹2,662.63 crore in Q2 FY26
• Adjusted EBITDA rose 1% to ₹178.00 crore
• Profit before tax (PBT) increased 31% to ₹23.32 crore
• Integrated Supply Chain Solutions (ISCS) segment revenue up 8.4% to ₹1,993.00 crore
• Global Forwarding Solutions (GFS) segment revenue down 0.7% to ₹670.00 crore

The company's ISCS segment continued its strong performance with 8.4% year-on-year revenue growth and margin expansion to 8.7% in Q2 FY26 from 8.1% in Q2 FY25. This was driven by operational excellence initiatives and strategic cost management.

The GFS segment faced challenges from subdued freight rates, with revenue declining marginally by 0.7% year-on-year. However, the company reported early signs of recovery with sequential improvement in GFS revenue and profitability.

Financial Performance Table

Commenting on the results, Ravi Viswanathan, Managing Director, said: "This has been a stellar quarter for us. The strong uptick in profitability reflects the strength of our strategy and our ability to navigate challenges in the GFS segment while driving solid performance in the ISCS segment. By maintaining discipline on costs and focusing deeply on efficiency and customer outcomes, we have not only delivered exceptional financial results but also strengthened the foundation for sustained growth ahead."

The company reported a robust business pipeline of over ₹6,200.00 crore and secured new business wins worth ₹204.00 crore in Q2, equivalent to 8.1% of Q2 FY25 revenue. This underscores continued customer confidence and reaffirms the strength of TVS SCS's capabilities across the value chain.

R Vaidhyanathan, Global CFO, highlighted improved cash flow generation, with cash flow from operations at ₹105.00 crore in H1 FY26. He stated that strategic cost initiatives are progressing well across regions, supporting margin stability.

Looking ahead, TVS Supply Chain Solutions remains focused on sustaining ISCS momentum, improving GFS profitability, and converting its strong pipeline into consistent growth. The company maintains its medium-term goal of achieving 4% PBT margin by Q4 FY27.

(This article is based on the company's official financial results and statements. Investors are advised to conduct their own research before making investment decisions.)

TVS Supply Chain Solutions Limited (TVSSCS) has made significant progress in its ongoing amalgamation scheme, as revealed in a recent corporate filing. The company received an order from the National Company Law Tribunal (NCLT), Bengaluru Bench, directing one of the transferor companies to dispense with the meeting of equity shareholders.

Key Details of the NCLT Order

• Order Date: October 13, 2025
• Receipt Date: October 17, 2025
• Matter Number: CA(CAA)/39(BB)2025
• Affected Entity: Fourth Transferor Company (SPC International (India) Private Limited)
• Directive: Dispensation of equity shareholders' meeting

Amalgamation Scheme Overview

The amalgamation scheme involves the merger of five transferor companies with TVS Supply Chain Solutions Limited. The companies involved in this corporate restructuring are:

This amalgamation is subject to various regulatory approvals, and the recent NCLT order marks a step forward in the process.

Implications and Next Steps

The dispensation of the equity shareholders' meeting for SPC International (India) Private Limited streamlines the amalgamation process. This development suggests that the scheme is progressing through the necessary legal and regulatory channels.

TVS Supply Chain Solutions Limited has made the order available on its website ( www.tvsscs.com ) for public access, adhering to transparency norms. The company's proactive disclosure aligns with the regulatory requirements under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

As the amalgamation scheme moves forward, investors and stakeholders will likely keep a close watch on further developments and their potential impact on TVS Supply Chain Solutions' operations and market position.

Note: The completion of the amalgamation remains subject to other regulatory approvals and legal processes.