TVS Supply Chain Solutions (TVS SCS), a Chennai-based company and a leading global provider of supply chain solutions, has announced a potential increase in its revenue by over 50% over the next four years. Revenue is projected to grow from INR 11,000 crore in FY2026 to approximately INR 17,000 crore by FY2030.
This significant growth will be primarily driven by the improvement in domestic business performance. According to Vikas Chadha, Managing Director of TVS Supply Chain Solutions, the share of the domestic market in the company's business is expected to increase from the current 30% to 40% over four years.
Chadha noted that growth of around 16% is expected in the current fiscal year. He added that long-term growth in the logistics and supply sector typically doubles GDP growth, and the company anticipates faster double-digit growth. Considering mid-decade growth in the current year and further double-digit growth, the company forecasts revenue in the range of INR 16,000–INR 17,000 crore in four years.
In the first quarter of FY2027, the company reported consolidated net profit of INR 22.5 crore, which was lower than the figure of INR 71.1 crore in the quarter a year prior. The June 2025 quarter included one-time income from an InvIT transaction. Excluding this, operating net profit for Q1 FY2026 stood at INR 8.8 crore, reflecting a growth in base net profit of approximately 156% in Q1 FY2027. Consolidated revenue also grew by 28.7% to INR 3,335.2 crore in this quarter.
Chadha continued, mentioning broad growth: Integrated Supply Chain Solutions (ISCS) grew by 22%, and Global Freight Services (GFS) grew by 44%. Furthermore, the business in India demonstrated growth of over 40%.
Ra Vidyanathan, Global CFO of TVS Supply Chain Solutions Ltd., stated that the Q1 results demonstrate a consistent improvement in earnings quality. Adjusted EBITDA grew by 34%, and adjusted PBT increased by 71%, indicating operational leverage and disciplined cost management. The ISCS business maintained healthy margins, while the GFS segment achieved significant profitability improvement, expanding its EBITDA margin from 2.1% to 4.1%. The company intends to continue focusing on maintaining margin expansion and profitable growth throughout the year.
Chadha added that the company made a strong start to FY2027, building on the momentum of FY2026 results and ensuring confident growth across all key operational metrics. These metrics reflect sustained momentum in the ISCS business, significantly higher freight volumes, and improved profitability in the GFS segment, which resulted from disciplined execution.
In this quarter, the company also achieved its highest ever new contract volumes of INR 543 crore, and a order book worth over INR 7,500 crore provides strong visibility for future growth. These strengths, combined with proven execution capabilities, strengthen the company's ability to deliver mid-decade growth in FY2027.



