Chennai-based Tvs Supply Chain Solutions aims for a significant rise in domestic revenue, targeting ₹17,000 crore by FY30, driven by strong Indian operations and strategic expansions.
TVS Supply Chain Solutions is betting on a sharper contribution from India to power revenue growth over the next four years, with the Chennai-based logistics group targeting about ₹17,000 crore in sales by FY30, up from ₹11,000 crore in FY26.
Managing director Vikas Chadha said the company expects its domestic business to account for 40% of revenue within four years, compared with 30% now, as it looks to sustain double-digit expansion after a strong start to FY27. He said the company expects around 16% growth in the current financial year and believes its long-term growth can track roughly twice gross domestic product, a common rule of thumb in supply chain and logistics. Based on that trajectory, Chadha said revenue could land in the ₹16,000 crore to ₹17,000 crore range by FY30.
The upbeat outlook follows a first quarter in which TVS SCS reported consolidated revenue of ₹3,335.2 crore, up 28.7% from a year earlier, while consolidated net profit came in at ₹22.5 crore. The company said the prior-year quarter included a one-time gain from an InvIT transaction, and that underlying profit growth was much stronger once that item was stripped out. Chadha said growth was broad-based, with Integrated Supply Chain Solutions rising 22%, Global Forwarding Solutions up 44% and the India business growing by more than 40%.
R Vaidhyanathan, the global chief financial officer, said adjusted EBITDA rose 34% and adjusted profit before tax increased 71%, helped by better operating leverage and tighter cost control. He added that the Global Forwarding Solutions arm lifted its EBITDA margin from 2.1% to 4.1%, while the integrated supply chain business kept margins healthy. The company also booked its highest quarterly new business wins at ₹543 crore and ended the period with an order pipeline worth more than ₹7,500 crore.
The latest results build on a stronger FY26, when TVS SCS returned to annual profit and crossed the ₹11,000 crore revenue mark for the first time. Business Standard reported that full-year sales rose 10.08% to ₹11,002.97 crore, while net profit improved to ₹114.28 crore from a loss a year earlier. DT Next separately reported that the company’s fourth-quarter profit turned positive on the back of robust Indian operations, with domestic revenue rising 31.4%.
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