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Earnings · Logistics · Mid cap

TVS Supply Chain swings to ₹117 cr profit as leadership changes

The company posted a profit of ₹117 crore for FY26, reversing a prior-year loss, while naming Vikas Chadha as the new Managing Director.


Mkt cap₹5,329 cr
P/E57.95×
ROE0.00%
Debt / eq.0.48
₹117 cr Consolidated net profit for FY26.

What's new

  • FY26 net profit reached ₹117 cr, up from a ₹9.64 cr loss in FY25.
  • Revenue grew 10% to ₹11,003 cr for the year.
  • Vikas Chadha replaces Ravi Viswanathan as MD on July 1.

Why this matters

The profit includes a one-time gain of ₹182 cr from the listing of the TVS Industrial & Logistics Parks infrastructure trust. The core business performance remains the next test for the incoming leadership.

What we're watching

  • How Vikas Chadha manages the ongoing strategic transformation program.
  • Whether the core supply chain business can sustain growth without one-time gains.
  • Shareholder approval for the five-year appointment of the new MD.

The full read

TVS Supply Chain Solutions ended FY26 with a consolidated net profit of ₹117 crore, a reversal from the ₹9.64 crore loss recorded in the previous year. Revenue climbed 10% to ₹11,003 crore. A one-time gain of roughly ₹182 crore from the listing of the TVS Industrial & Logistics Parks infrastructure trust accounts for much of this profit. Managing Director Ravi Viswanathan will exit on June 30. Vikas Chadha, the current global CEO, will step into the role on July 1 for a five-year term. The return to profitability and the change in the corner office mark a transition for the firm. The next test is whether the core business can maintain momentum without the benefit of one-time gains.

Questions answered

What drove the swing from loss to profit?
The company reported a consolidated net profit of ₹117 crore, supported by a 10% revenue increase to ₹11,003 crore and a one-time gain of ₹182 crore from the TVS Industrial & Logistics Parks infrastructure trust listing.
Who is the new Managing Director?
Vikas Chadha, the current global CEO, will take over as Managing Director on July 1 for a five-year term, subject to shareholder approval.
When does the current MD step down?
Managing Director Ravi Viswanathan will step down from his role on June 30.
What was the financial performance in the prior year?
TVS Supply Chain Solutions reported a net loss of ₹9.64 crore for the year ended March 2025.
Mentioned: TVS Supply Chain Solutions · Ravi Viswanathan · Vikas Chadha
Primary source BSE · NSE

An independent reading of the company's own disclosure — the primary filing above is the final word.