News Summary

• TVS Supply Chain Solutions Ltd (BOM:543965) reported a year-on-year growth in revenue and profitability, driven by disciplined execution and strategic investments.
• New business wins for the quarter were lower than usual, attributed to lower-than-anticipated volumes and delays in revenue start dates for key engagements.
• The overall India business of ISCS and GFS has been on a slowdown, reflecting broader economic challenges in the region.
• The company realized significant value from its strategic investment in TVS Industrial and Logistics Park, recording a substantial share of profit this quarter.