TVS Supply Chain Solutions started FY27 strong.
**Business Performance:** Revenue surged 28.7% to 3,335.2 Crore. Adjusted EBITDA grew 34% to 232.2 Crore, with margins at 7.0%. Adjusted PBT soared 70.7% to 32.1 Crore, and Operational PAT jumped 156% to 22.5 Crore. India led growth at 44%, with ISCS and GFS performing robustly. GFS notably excelled: revenue up 50.6%, Adjusted EBITDA up 196%.
**Growth Drivers/Strategy:** Record new business wins (543 Crore) fueled this. Strategic focus: tech-led capabilities (AI/automation), optimizing European operations ('Project One'), and global cost management.
**Recent Developments:** Swamy & Sons 3PL acquisition complete, accretive. Partnership with ALA Group (Italy) targets defence/aerospace logistics. Oracle ERP deployed in SCS India. Credit rating outlook improved to "Ind AA Positive."
**Management Commentary / Outlook:** Management anticipates mid-teen FY27 growth, backed by a robust order pipeline over 7,500 Crore.