TVS Supply Chain Solutions Ltd
P&L
Quarterly Consolidated
vs Q2 FY25
TVS Supply Chain Solutions Reports 10% Y-o-Y Increase in Q3 Revenue; Announces Strong Order Pipeline of ₹34500 Cr
11 Feb 2025 · 11 Feb 2025, 01:43 am
Summary
TVS Supply Chain Solutions Limited, a global supply chain solutions provider, reported a 10% increase in revenue at ₹2444.6 Cr in Q3 FY 25 as against ₹2221.8 Cr in the same quarter last year. The Profit Before Tax (PBT) was at (₹15.2 Cr) as against the PBT of ₹0.6 Cr in the same quarter last year. The company reported a Profit After Tax (PAT) of (₹23.8 Cr) for Q3 FY 25 as against the profit of ₹10.0 Cr for Q3 FY24. The impact in profitability was due to delay in commissioning a major project for a key customer in Europe and due to lower volumes in traditionally a weaker quarter. The company has a strong order pipeline of ₹34500 Cr.
Key Highlights
- 1
10% Y-o-Y increase in Q3 revenue
- 2
Strong order pipeline of ₹34500 Cr
- 3
PBT for Q3 FY 25 at (₹15.2 Cr) as against ₹0.6 Cr in Q3 FY 24
- 4
PAT for Q3 FY 25 at (₹23.8 Cr) as against ₹10.0 Cr in Q3 FY24
- 5
Integrated Supply Chain Solutions (ISCS) and Network Solutions (NS) segments contributed to the overall growth
Management Comments
Mr. Ravi Viswanathan
Managing Director, TVS Supply Chain Solutions Ltd.
Our year-on-year revenue growth reflects the resilience of our business. We continue to secure large deals and capitalise 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.
Mr. Raviprakash Bhagavathula
Global CFO, TVS Supply Chain Solutions Ltd.
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 FY 26. The Network Solutions segment saw a notable sequential improvement in margins by 140 bps. Additionally, efficient working capital management and cost rationalisation initiatives have contributed to a positive cash flow in Q3.”
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