Tvs Supply Chain Solutions Limited has informed the Exchange regarding Appointment of Mr.Vikas Chadha as an Additional Director and Managing Director of the company w.e.f. July 01, 2026, subject to the approval of Shareholders
TVSSCS · price
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TVS Supply Chain Solutions announced two leadership changes effective July 1, 2026. Mr. Vikas Chadha, currently Global CEO, will become Additional Director and Managing Director for 5 years, subject to shareholder approval. Mr. Ravi Viswanathan is stepping down as Director and Managing Director effective June 30, 2026. The company also reported FY26 consolidated revenue of Rs 11,003 crores, up 10% from Rs 9,996 crores in FY25. Full year profit after tax was Rs 117.02 crores, a significant turnaround from a loss of Rs 9.64 crores in FY25. Q4 revenue was Rs 3,032 crores with PAT of Rs 18.36 crores. Exceptional items included Rs 91.29 crores for Project One restructuring in UK/Europe and Rs 14.34 crores for new labour code impact.
The leadership transition appears planned with an internal promotion, which may provide continuity. The company returned to profitability with strong revenue growth, though restructuring costs from the UK/Europe consolidation remain a near-term drag.