Chennai: TVS Supply Chain Solutions (TVS SCS) is targeting revenue growth of more than 20% across its two business segments and aims to double its profits in FY27, backed by an Rs 8,200 crore business development pipeline, as it builds on strong growth and improving profitability in the September quarter.The company more than doubled its net profit year-on-year to Rs 36.5 crore in Q2 FY27, from Rs 16.3 crore a year earlier, while revenue from operations rose 38.5% to Rs 3,687.2 crore from Rs 2,662.6 crore.Vikas Chadha, MD of TVS SCS, said the company’s growth and optimisation initiatives, anchored in its institutionalised operating framework, were driving performance. The framework focuses on business development, operational rigour, technology innovation and customer satisfaction.The company has recorded more than Rs 500 crore in quarterly new-business revenue for three consecutive quarters, while also expanding its business with existing clients. This dual approach of winning new customers and deepening existing relationships is expected to support its growth ambitions.India is emerging as a key growth driver, with revenue rising 64% year-on-year in Q2. Integrated supply chain solutions (ISCS) revenue in the country grew 36%, while global forwarding solutions (GFS) surged 136%. Revenue from the rest of the world increased 29%, supported by 21% growth in ISCS and 55% in GFS.The growth momentum has extended into the first half of FY27. Revenue grew 34% to Rs 7,022.4 crore, while EBITDA increased 42% to Rs 500 crore. Net profit rose 135% to Rs 59 crore, compared with Rs 25.1 crore in H1 FY26..Operating cash flow stood at Rs 234 crore in the first half, supported by higher revenue and profitability. The acquisition of Swamy & Sons, completed in the previous quarter and funded entirely through internal accruals, has also proved margin-accretive.
