Tvs Supply Chain Solutions Limited has informed the Exchange about Transcript

TVS Supply Chain Solutions reported Q1 FY26 consolidated revenue of INR 2,592 crores, up 3.7% sequentially and 2.1% year-on-year. Adjusted EBITDA stood at INR 173 crores at a 6.7% margin, down from 7.3% YoY due to GFS (freight forwarding) weakness but improved sequentially from 6.5%. The company recorded a one-time gain of INR 177 crores from its TVS ILP InVIT asset transfer, boosting reported PBT to INR 195 crores and PAT to INR 71 crores. Management unveiled 'Project One,' a U.K. and Europe restructuring combining ISCS and IFM businesses, expected to deliver INR 110-120 crores in annualized savings with a one-time cost of INR 91 crores already taken. Management reiterated guidance of 4% PBT margin by Q4 FY27, mid-teens revenue growth, and an ISCS segment EBITDA target of 10-10.5%. New business wins were muted at INR 124 crores (5% of Q1 FY25 revenue vs usual 10-12%), though the order pipeline remains strong at INR 5,300 crores.