TVS Supply Chain reports mixed half-year results, boosted by investee gain

For the half-year ended September 30, 2025, TVS Supply Chain Solutions reported a consolidated profit before tax of ₹126.79 crores, a notable increase from ₹31.59 crores in the same period of 2024. Total consolidated revenue from operations for the half-year reached ₹5,254.94 crores. The company undertook "Project One," a strategic transformation initiative during the quarter ended June 30, 2025, incurring restructuring costs of ₹91.29 crores.

The company's share of profit from equity-accounted investees, TVS Industrial & Logistics Parks Limited ("TVSILP"), was ₹178.13 crores for the half-year, including a one-time gain from the loss of control of its subsidiaries. This contributed significantly to the overall financial performance. Consolidated total assets stood at ₹6,292.82 crores as of September 30, 2025.

On a standalone basis, TVS Supply Chain Solutions reported a profit before tax of ₹0.23 crores for the half-year ended September 30, 2025, compared to ₹51.65 crores in the prior year. Standalone revenue from operations for the half-year was ₹933.15 crores. The company's management is implementing a formal restructuring plan, expected to be utilized over the course of FY26.