TVS Supply Chain Solutions Ltd

TVS Supply Chain Solutions has allotted 6,620 equity shares of Re 1/- each, fully paid-up, pursuant to exercise of options under MIP I and MIP II. The equity shares allotted under MIP I and MIP II shall rank pari passu with the existing equity shares of TVS SCS in all respects. Post allotment, the issued and paid-up equity share capital of the Company stands increased from Rs 44,11,62,877/- comprising of 44,11,62,877 equity shares of Re 1/- each, fully paid-up to Rs 44,11,69,497/- comprising of 44,11,69,497 equity shares of Re 1/- each. Powered by Capital Market - Live

The decline in PAT was attributed to delays in the commissioning of a major project for a key customer in Europe, as well as lower volumes during a traditionally weaker quarter. Revenue from operations increased 10.02% YoY to Rs 2,444.62 crore during the quarter. Pre-tax loss of Rs 15.19 crore during the quarter, compared with pre-tax profit of Rs 0.60 posted in the same quarter last year. EBITDA was at Rs 150.3 crore in Q3 FY25, down 13.4% as against Rs 173.6 crore posted in Q3 FY25. EBITDA margin reduced to 6.2% in Q3 FY25, compared with 7.8% posted in Q3 FY24. Revenue from the Integrated Supply Chain Solutions (ISCS) segment rose 2.38% to Rs 1,305.10 crore in Q3 FY25 from Rs 1,274.69 crore posted in the corresponding quarter last year. Revenue from the network solutions (NS) segment jumped 20.37% YoY to Rs 1,148.84 crore during the quarter. Ravi Viswanathan, MD, TVS Supply Chain Solutions, said, 'Our year-on-year revenue growth reflects the resilience of our business. We continue to secure large deals and capitalize on significant market opportunities, leveraging our global capabilities and technology expertise. With a robust order pipeline, bolstered by strong customer engagements, we remain bullish about our long-term growth outlook. Raviprakash Bhagavathula, Global CFO, TVS Supply Chain Solutions, said, 'Our supply chain businesses in India and North America have delivered steady margins in Q3. In Europe, we expect the margins to normalize by Q1 FY26. The Network Solutions segment saw a notable sequential improvement in margins by 140 bps. Additionally, efficient working capital management and cost rationalization initiatives have contributed to a positive cash flow in Q3.' TVS Supply Chain Solutions is an India-based multinational company that pioneered the development of the supply chain solutions market in India. The company's customers span across numerous industries such as automotive, industrial, consumer, tech and tech infrastructure, rail and utilities, and healthcare.Powered by Capital Market - Live

Net loss of TVS Supply Chain Solutions reported to Rs 24.65 crore in the quarter ended December 2024 as against net profit of Rs 9.56 crore during the previous quarter ended December 2023. Sales rose 10.03% to Rs 2444.62 crore in the quarter ended December 2024 as against Rs 2221.84 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales2444.622221.84 10 OPM %5.437.29 - PBDT120.33140.27 -14 PBT-15.190.60 PL NP-24.659.56 PL Powered by Capital Market - Live

TVS Supply Chain Solutions will hold a meeting of the Board of Directors of the Company on 10 February 2025.Powered by Capital Market - Live

 TVS Supply Chain Solutions has received the Observation Letter with 'no adverse observations' from BSE in relation to the draft scheme of amalgamation of Mahogany Logistics Services (formerly known as DRSR Logistics Service) (transferor company), TVS SCS Global Freight Solutions (transferor company), White Date Systems (transferor company), SPC international (India) (transferor company), and FLEXOL Packaging (India) (transferor company) with and into TVS Supply Chain Solutions (transferee company) and their respective shareholders is presented under Sections 230 - 232 of the Companies Act, 2013 and the rules and regulations made thereunder (the scheme). Powered by Capital Market - Live

Revenue from operations increased 11.05% YoY to Rs 2512.88 crore during the quarter. Pre- tax profit of Rs 17.83 crore during the quarter as compared with pre-tax loss of Rs 7.77 posted in same quarter last year. Revenue from Integrated Supply Chain Solutions (ISCS) segment declined 5.4% to Rs 1348.5 crore in Q2 FY25 from Rs 1269.5 crore posted in corresponding quarter last year. ISCS segment registered a margin expansion of 90 bps Y-o-Y due to the continued focus on operational efficiency and a disciplined approach to cost management. Revenue from network solutions (NS) segment jumped 4.6% YoY to Rs 1164.4 crore during the quarter. During the quarter, the company won a significant new contract with a large industrial customer in North America. This is a multi-year transformational engagement with total contract value in excess of Rs 2,200 crore. This long-term transformational engagement reinforces its specialized capabilities in complex assembly and automation and the value that it brings as a supply chain outsourcing partner. Ravi Viswanathan, managing director, TVS Supply Chain Solutions, said, 'The Q2 results demonstrate our ability to sustain growth momentum in both revenue and profit, amid ongoing macroeconomic challenges. New business wins have added Rs 280 crore of revenue for the quarter. Our global account management strategy has helped us close the large deals that gives us the confidence of sustaining the growth momentum. Overall, the results reflect our resilience in navigating a complex environment and we remain confident about our profitable growth in the coming quarters.' Ravi Prakash Bhagavathula, Global CFO, TVS Supply Chain Solutions, said, 'Our Q2 results reflect sustained revenue growth, along with continued improvement in profitability driven by our focus on operational efficiency and cost management. Our ability to fund growth through internal resources has enabled us to effectively manage borrowings driving PBT.' TVS Supply Chain Solutions is an India-based multinational company, who pioneered the development of the supply chain solutions market in India. The company's customers span across numerous industries such as automotive, industrial, consumer, tech and tech infra, rail and utilities, and healthcare.Powered by Capital Market - Live

Net profit of TVS Supply Chain Solutions reported to Rs 9.33 crore in the quarter ended September 2024 as against net loss of Rs 49.55 crore during the previous quarter ended September 2023. Sales rose 11.05% to Rs 2512.88 crore in the quarter ended September 2024 as against Rs 2262.91 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales2512.882262.91 11 OPM %6.728.18 - PBDT157.40137.22 15 PBT17.83-4.53 LP NP9.33-49.55 LP Powered by Capital Market - Live

TVS Supply Chain Solutions will hold a meeting of the Board of Directors of the Company on 11 November 2024Powered by Capital Market - Live

TVS Supply Chain Solutions has allotted 42,740 equity shares under TVS SCS Management Incentive Plan II, 2018. With this allotment, the paid up equity share capital has increased to Rs 44,06,41,117/- comprising of 44,06,41,117 equity shares of Re 1/- each.Powered by Capital Market - Live

TVS Supply Chain Solutions has allotted 75,500 equity shares pursuant to exercise of options under TVS SCS Management Incentive Plan I, 2018. Post allotment, the issued and paid-up equity share capital of the Company stands increased from Rs 44,03,23,110/- comprising of 44,03,23,110 equity shares of Rs 1/- each, fully paid-up to Rs 44,03,98,610/- comprising of 44,03,98,610 equity shares of Rs 1/- each.Powered by Capital Market - Live