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Global reset done, TVS supply chain unit eyes margin boost
Mint Mumbai
|November 20, 2025
TVS Supply Chain Solutions (SCS), whose wafer-thin margins and weak post-IPO performance have dampened investor sentiment since its 2023 debut, is looking to reset expectations after a major overhaul of its overseas operations.
TVS SCS managing director Ravi Viswanathan.
As part of ‘Project One’, the company has consolidated businesses in high-cost markets such as Europe and the US and shifted back-end work to India. These efforts are expected to save about ₹120 crore annually and lift its profit before tax margin to 4% by FY27, managing director Ravi Viswanathan said in an interview with Mint on Wednesday. The margin was under 1% in the first half of FY26.
The company is also investing in expanding its high-margin integrated supply chain services (ISCS) business in the US and Europe and is hiring more people in its business development teams, he said.
This story is from the November 20, 2025 edition of Mint Mumbai.
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