TVS SCS Reports Strong Q4 Results, Reflecting Operational Momentum
Mumbai: TVS Supply Chain Solutions Limited, a global supply chain solutions provider, has announced its consolidated financial results for Q4 and FY25. The company reported a Profit Before Tax (PBT) of ₹13 Cr for Q4 FY25, up from ₹5 Cr in Q4 FY24.
Key Highlights
- PBT for FY25: ₹29.3 Cr, a significant turnaround from a loss of ₹36.1 Cr in FY24.
- Revenue Growth: FY25 revenue grew 8.6% to ₹9,996 Cr, up from ₹9,200 Cr.
- Fortune Global 500 Customers: Increased to 91 from 78.
- New Contracts: Secured ₹1,009 Cr worth of new contracts in FY25.
Financial Performance
- Q4 FY25 PAT: Reported at ₹(-3.9) Cr, compared to a profit of ₹5.4 Cr in Q4 FY24.
- Operating Cash Flow: Positive ₹195 Cr, underscoring focus on financial discipline and efficient working capital management.
Integrated Supply Chain Solutions (‘ISCS’):
| Integrated Supply Chain Solutions segment (‘ISCS’) (Amount in ₹ Cr) | Q4 FY25 | Q4FY24 | Q3FY25 | Y-o-Y GrowthQ4 | Q-o-Q GrowthQ4 | FY25 | FY24 | Y-o-Y GrowthFY25 |
| ISCS Revenue | 1,421.0 | 1,379.5 | 1,301.1 | 3.0% | 9.2% | 5496.5 | 5240.0 | 4.9% |
| ISCS Adj. EBITDA | 122.0 | 133.1 | 114.1 | (8.4%) | 7.0% | 523.5 | 536.2 | (2.4%) |
| ISCS Adj. EBITDA margin % | 8.6% | 9.6% | 8.8% | — | — | 9.5% | 10.2% | — |
In the ISCS segment, overall revenue grew 4.9% in FY25. North America operations remained strong, contributing consistently to the segment’s performance. India portfolio stayed resilient and supported stronger bottom-line margins.
Network Solutions Segment (‘NS’):
| Network Solutions segment (‘NS’) (Amount in ₹ Cr) | Q4 FY25 | Q4FY24 | Q3FY25 | Y-o-Y GrowthQ4 | Q-o-Q GrowthQ4 | FY25 | FY24 | Y-o-Y GrowthFY25 |
| NS Revenue | 1,077.9 | 1,046.8 | 1,143.5 | 3.0% | -5.7% | 4,499 | 3,960 | 13.6% |
| NS Adj. EBITDA | 49.5 | 47.0 | 42.4 | 5.2% | 16.6% | 168.6 | 185.8 | -9.3% |
| NS Adj. EBITDA margin % | 4.6% | 4.5% | 3.7% | — | — | 3.7% | 4.7% | — |
The NS segment reported a revenue of ₹1,078 Cr in Q4 FY25, up from ₹1,047 Cr, in the same quarter last year, reflecting a 3% YoY growth. For the full year ended March 31, 2025, revenue from the segment reached ₹4,499 Cr, representing a robust 13.6% increase over FY24.
Summary of Consolidated Financial Performance:
| In ₹ Cr | Q4 FY25 | Q4FY24 | Q3FY25 | Y-o-Y GrowthQ4 | Q-o-Q GrowthQ4 | FY25 | FY24 | Y-o-Y GrowthFY25 |
| Revenue from operations | 2498.8 | 2,426.3 | 2,444.6 | 3.0% | 2.2% | 9995.7 | 9200.0 | 8.6% |
| Adj. EBITDA | 156.4 | 174.5 | 150.3 | -10.4% | 4.0% | 667.4 | 710.2 | -6% |
| Adj. EBITDA margin % | 6.3% | 7.2% | 6.1% | — | 6.7% | 7.7% | — | |
| PBT before exceptional items | 13.0 | 5.0 | -15.2 | 161.7% | — | 29.3 | -9.6 | — |
| PBT as reported | 13.0 | 5.0 | -15.2 | 161.7% | — | 29.3 | -36.1 | — |
| PAT as reported | -3.9 | 5.4 | -23.8 | — | — | -9.7 | -57.7 | — |
| PAT margin % | -0.2% | 0.2% | -1.0% | — | — | -0.1% | -0.6% |
Ravi Viswanathan, Managing Director, TVS Supply Chain Solutions Ltd., said, “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.” He added, “With a record-high order pipeline of ₹5,250 Cr, we are entering the new fiscal with strong momentum and enhanced visibility.”
R Vaidhyanathan, Global Chief Financial Officer, TVS Supply Chain Solutions Ltd., said, “We closed FY25 with a positive operating cash flow of ₹195 Cr, underscoring our focus on financial discipline and efficient working capital management.”
