Vietjet Soars with Record Growth, New Routes & Fleet Expansion
Vietjet Charts Bold Growth Path with Record Performance, New International Routes,
and Fleet Expansion
Mumbai, June 3, 2025: Vietjet Aviation Joint Stock Company (HOSE: VJC) held its 2025 Annual General Meeting (AGM) on May 30, outlining its strategic priorities for sustained growth within the next decade Key initiatives include continued flight network expansion, long-term fleet investments, and further digital innovation.
Strong financial growth and global expansion
The meeting highlighted Vietjet’s record-breaking performance in 2024, driven by an expanded international route network and increasing passenger demand. The airline safely operated 137,500 flights, carrying over 25.9 million passengers (excluding Vietjet Thailand), including more than 9 million international travellers—a year-on-year growth of 18%.
Vietjet launched 20 new routes in 2024, expanding its total network to 145 routes, including 101 international and 44 domestic services. Notably, Vietjet became the first airline to directly connect Vietnam with all five of Australia’s largest cities, and continues to lead the connectivity between Vietnam and India, China, South Korea, and Japan.
During 2024 and early 2025, the Vietnamese airline has strengthened its operations in India, now operating 10 routes with 78 weekly flights between the two countries. Vietjet’s network is connecting major Indian cities—New Delhi, Mumbai, Ahmedabad, Kochi, Hyderabad and Bengaluru—to key Vietnamese destinations—Ha Noi, Ho Chi Minh City and Da Nang. With its extensive route map and affordable fares, Vietjet has quickly grown into a preferred carrier for Indian travellers.
According to audited financial statements, Vietjet posted consolidated revenue in 2024 exceeding VND72.045 trillion (approx. US$2.77 billion), with pre-tax profit reaching over VND1.823 trillion (approx. US$70.17 million). Parent company revenue was VND71.734 trillion (approx. US$2.76 billion) with pre-tax profit of VND1.748 trillion (approx. US$67.27 million). By year-end 2024, total assets stood at nearly VND99.3 trillion (approx. US$3.82 billion), while key financial ratios – a debt-to-equity ratio of 2.03 and a liquidity ratio of 1.58 – remain strong by industry standards.
Growth vision for next decade
Entering 2025, Vietjet marked a milestone in its journey by operating its first flight from Vietnam to the United States. To support its growth ambitions, the airline also announced a long-term agreement with Airbus in May 2025 to purchase 20 additional A330neo wide-body aircraft, increasing its total order of the type to 40.
At the AGM, Vietjet Chairwoman Dr. Nguyen Thi Phuong Thao reaffirmed the airline’s commitment to becoming a key global aviation player: “Vietjet is not just a pioneering airline but a modern, flexible multinational carrier with a mission to deeply integrate into the global economy. Vietjet remains committed to bridging Vietnam with the world—connecting economies, cultures, and communities—while making air travel more accessible for millions through safe, budget-friendly, quality service and continuous innovation.”
New international routes strengthen regional footprint
As part of its 2025 expansion strategy, Vietjet has launched a new international route connecting Phu Quoc, Vietnam’s premier beach destination, with Singapore, one of the Asia-Pacific’s leading travel and business hubs. The service commenced on May 30 and operates four return flights weekly. With a flight time under two hours, the new route offers seamless and convenient access between two of Asia’s most dynamic destinations.
This launch brings Vietjet’s operations between Vietnam and Singapore to 78 flights per week, spanning four routes connecting Phu Quoc, Ho Chi Minh City, Hanoi, and Da Nang to Singapore. To mark the occasion, the airline is offering exclusive Friday fares starting from just ₹11 (excluding taxes and fees) for all international routes, valid for travel through December 31, 2025.
Paytm Foundation, UNEP Launch Phase 2 of Air Quality Action Forum
Paytm (One97 Communications Limited), India’s leading payments and financial services distribution company and the pioneer of mobile payments, QR codes, and Soundbox, today announced starting of the second phase of Air Quality Action Forum in collaboration with the United Nations Environment Programme (UNEP), supported by Paytm Foundation. The initiative aims to support India’s clean air mission by fostering collaboration, driving awareness, and enabling scalable, technology-led solutions.
The Second Phase of the Air Quality Action Forum will serve as a centralized platform to share knowledge, best practices, and practical solutions for air quality management. It is designed to empower policymakers, civic agencies, researchers, and communities with access to data-driven tools and public education resources. The initiative also emphasizes citizen engagement and behavioural change as key pillars for long-term impact.
This Phase leverages technology, real-time data, and multi-sector partnerships to enable the implementation of innovative and scalable interventions for improving air quality. It aligns with the broader goal of strengthening the execution of India’s National Clean Air Programme (NCAP), supporting both policy-level planning and on-ground execution.
Announced at the event, Aironomics 2025: Unlocking India’s Blue Skies Economy is a flagship summit anchored by the Bharat Climate Forum and inspired by the vision of the Swadeshi Principles of CIEU with Dalberg and the Council of International Economic Understanding. The summit convenes national and state leaders, experts, and industry stakeholders to promote unified airshed strategies, align cross-agency policies, and scale innovation across sectors such as clean energy, mobility, and waste management, all contributing to a healthier and more resilient economy.
Vijay Shekhar Sharma, Founder & CEO – Paytm said, “Air pollution affects every one of us — in our homes, on our streets, and in the lives of our children. This initiative is a step towards enabling informed action, where science, technology, and awareness come together to make clean air a shared priority. We value the ongoing efforts by government bodies working to improve air quality and hope this platform can strengthen and support those efforts by encouraging active collaboration and citizen engagement.”
Dr. Balakrishna, Head of UNEP India said, “Tackling air pollution requires united, science-backed action across all levels of society. This collaboration with the Paytm Foundation brings together policy, technology, and grassroots engagement, a combination that is critical to building sustainable air quality solutions. The Second Phase of AQAF will serve as a key driver in India’s efforts to meet its clean air targets and protect the health of its people and environment.”
Paytm Founder & CEO has been named as UN’s environment patron for clean air. This initiative is part of the company’s ongoing commitment to support the UN Environment’s global BreatheLife campaign, which aims to raise awareness about urgent social and environmental challenges and address them through collaborative action.
Via Bianca Opens in Delhi: A Regional Italian Culinary Journey Curated with CYK Hospitalities
New Delhi, 2nd June, 2025 – CYK Hospitalities, the premier F&B consultancy in India, announces the launch of Via Bianca, a niche, regional Italian restaurant situated in the iconic N Block Market, GK I, New Delhi. With this endeavor, CYK continues to raise the bar for exquisitely crafted F&B concepts focused on a blend of authenticity, operational finesse and visionary collaborations.
Via Bianca is the dream project of Chef Kamalika Anand, an alumna of Le Cordon Bleu, London, and ALMA, Italy. After years of international experience in Michelin-starred kitchens and European culinary landscapes, Kamalika wished to create a place that would truly represent Italy’s regional cuisine and culinary culture. Via Bianca is rooted in tradition, simply presented, and served with soul. The ambiance of the restaurant is understated elegance, presenting an ambience that emulates the rustic charm of Italian homes with sleek modernity—open kitchen, pasta shaping station and wood-fired oven are some of its highlights.
The menu ventures into the realm of delicacies consisting of Strata Bianca di Zucchini, Spaghetti all’ Assassina and Tigelle ‘Nduja, among others, bringing forth an array of ingredients and techniques that honour Italy’s myriad regions. The idea goes from striving to appeal to the varied tastes of the seasoned diner and the curious one for whom the Italian food serenade should be kept a bit warmer and more familiar.
Chef Kamalika Anand shares the sentiment: “Via Bianca has lived in my head and heart for a long time. It’s more than a restaurant—it’s a tribute to the Italy I studied, lived, and loved. CYK Hospitalities didn’t just consult; they helped me channel a dream into something real. Every inch of Via Bianca carries a piece of my journey and hard work, backed by their strategic brilliance.“
CYK Hospitality worked alongside the brand team to ensure the narrative was passed on to an ergonomic operational structure. Whether it was designing a back kitchen workflow or maturing the guest journey, on every touchpoint was supposed to exist the spirit of Via Bianca.
Pulkit Arora, Director of CYK Hospitalities, stated, “Via Bianca is a reflection of meaningful collaboration. We saw Kamalika’s passion and aligned it with a solid framework, from planning to execution. This project shows how soulful cuisine can meet market-smart strategy without compromise.”
Via Bianca is not just another restaurant; in a silent revolution, it is changing the dining world in Delhi. With heartfelt precision and determination, it has shown that a regional cuisine-led format can become a landmark of its own. With CYK Hospitalities in charge of conceptual and operational domains, Via Bianca is going to turn into the new hallmark of experiential dining in the capital.
India’s heart once again beats to the iconic ‘Namak ho Tata Ka…Tata Namak’ jingle
National, 2nd June 2025- Inspired by the overwhelming consumer love for its ‘Namak ho Tata ka… Tata Namak’ campaign last year, India’s No.1 iodized salt brand, Tata Salt, returns with a fresh new edition of ‘Namak Ho Tata Ka… Tata Namak’. This 2.0 version builds on the deep emotional connect forged with households across the country, reimagining the iconic jingle to spark renewed love, connection, and purpose.
The new campaign features eight heartwarming and playful brand films, that elevate the nostalgic melody while delivering a powerful message: Tata Salt, with the right amount of iodine, supports children’s mental development, building a sharper generation for future. Reinforcing its position as Desh Ka Namak, the campaign celebrates Tata Salt’s unmatched product trust and functionality in an entertaining, engaging, and musical format.
Conceptualized by Ogilvy, the multi-asset campaign captures slice-of-life moments, from lullabies and classrooms to kitty parties, weddings, and everyday family scenes, portraying Tata Salt as an inseparable part of Indian homes.
The films reflect everyday life across Hindi heartland families, expressive Bengali homes, and emotionally rich Marathi households. The storytelling also resonates across generations, celebrating real, authentic moments.
In one film, a teacher uses a nostalgic jingle to teach the importance of iodine in a familiar school setting, blending education with emotion. Another showcases a lively Hindi-speaking household, where Tata Salt quietly supports every culinary tradition and loving exchange. With its nostalgic yet catchy tune, the campaign proudly reaffirms Tata Salt as Desh Ka Namak, reaching millions with its rhythm and timeless message with the initial release of four films during IPL.
Commenting on the campaign, Ms. Deepika Bhan, President – Packaged Foods, Tata Consumer Products Ltd., said, “ This is a beautiful, natural follow-up to our last year’s campaign, presenting the iconic jingle again in a refreshing way. ‘Desh ka Namak’ is more than just an emotion, it’s a promise built on quality, integrity, and generations of trust built over four decades. This campaign will deepen our bond with consumers and reaffirm our commitment to happiness, and trust in every home.
Anurag Agnihotri, Chief Creative Officer – Mumbai & Kolkata, Ogilvy, added, “Tata Salt wanted to tell people about building sharper minds through iodine addition. But how do you make something as vital as child’s mental development impossible to ignore? So, we turned to the 80’s, an era that made everything unforgettable through a jingle. We took our iodine story, dressed it in 80s flair, and sent it through every corner of Indian life, from vidaais, to classrooms to kitty parties. This is our love letter to a golden era of advertising, reimagined for today’s India.”
Shankar Fenestrations & Glasses Redesign Aluminum Sliding Door with Smart Modifications
Ghaziabad —Shankar Fenestrations & Glasses redesign innovative aluminum sliding folding doors with a modern approach to architectural glass and door solutions. These doors are developed to gratify the contemporary, fundamental architectural needs of large apertures in both residential and commercial environments.
It has a sliding folding system that represents a great fusion of innovation, aesthetics, and performance. It is for large openings that fold completely to the wall to offer 100% clear openings, thus converting spaces for unobstructed views and a smooth connection between indoors and outdoors. Under artistry and precision, the door system is elegant yet easy to use and maintain. That is why it is considered an elegant and practical solution for homeowners and architects. The door comes in different sizes, allowing customization for diverse project requirements.
Mr. Dinesh Chandra Pandey, Founder of Shankar Fenestrations & Glasses, said:
“We are excited to reveal an enhanced version of our aluminum sliding folding door. It is not a new product but a genuine evolution of our existing system, equipped with new features and the latest technology. Given lifestyles are now rapidly changing, its needs and architectural demands are ever-evolving, we continuously strive to make our products more relevant, and this latest enhancement is one step in that direction. It is performance, look, or functionality for our customers.”
With top-notch sealing capabilities, the created aluminum folding sliding door therefore takes the waterproofing property to the next level. A multi-point locking system is provided to the door to augment security and sealing; double sealing with EPDM gaskets strengthens thermal and acoustic insulation, having a great effect on silence, dust, and pollution barriers. This system was made for balconies, verandas, and a well-working beauty on French windows in any space.
ATM – All Things Mango Takes Over Reach 3Roads: A Fruity Fiesta in Association with Sodhi’s Super Market Delights Visitors
Gurugram, May 30th 2025– Reach 3Roads in Sector 70, Gurugram, came alive with the vibrant hues and irresistible flavours of summer during ATM – All Things Mango, a delightful tribute to the king of fruits held in association with Sodhi’s Super Market. The event offered a unique blend of taste, entertainment, and community fun.
The destination buzzed with enthusiastic families, curious kids, and mango lovers of all ages. Visitors enjoyed mango-themed workshops and painting activities, keeping the little ones creatively engaged. Meanwhile, attendees explored an exotic collection of over 50 varieties of mangoes, specially curated and showcased by Sodhi’s Super Market.
A major highlight was the mango mocktail counter, where guests sipped on refreshing blends crafted from the freshest seasonal picks. The excitement continued with lively competitions like the mango-eating contest and the “Guess the Mango Variety” quiz, which saw cheerful participation from all age groups.
Adding rhythm to the flavourful affair was a live band performance that kept the atmosphere buzzing with energy and festivity. With the scent of mangoes in the air, laughter echoing around, and music lifting spirits, the event offered a truly memorable summer experience.
ATM – All Things Mango was more than just an event — it was a celebration of flavour, togetherness, and the vibrant community spirit that makes Reach 3Roads a destination of choice.
Stylework’s Master Service Agreement Proves Transformational for Enterprise Workspace Management
Delhi, India – 30, May 2025: Stylework, a leading flexible workspace aggregator, announced the continued success of its revolutionary Master Service Agreement (MSA), a pioneering solution that has been simplifying workspace operations for enterprises and vendors across locations.
Introduced as part of Stylework’s long-term vision to enable smarter, scalable workspace management, the MSA has consistently delivered operational efficiency, administrative ease, and strategic flexibility to its growing base of enterprise clients. By centralizing workspace agreements and integrating them into a seamless digital interface, the MSA has emerged as an indispensable tool in the era of hybrid work.
Stylework’s Master Service Agreement (MSA) is helping 50+ enterprises and vendors to enhance operational efficiency, reduce administrative overhead, and scale workspace strategies providing transformative solutions, enabling businesses to streamline workspace management across locations.
Integrated into Stylework’s proprietary enterprise dashboard, FlexBoard and MSA through the “Import Membership” feature allows companies to list, track, and optimize existing workspace memberships in one place. This streamlined approach removes the logistical friction of managing 20+ contracts and vendor relationships, replacing it with a unified, intuitive system.
Sparsh Khandelwal, Founder & CEO of Stylework said, ““As our enterprise footprint expanded, we recognized the need for a scalable and unified approach to managing multiple workspaces. The MSA was our answer and today, it has become a cornerstone of our enterprise offering, enabling clients to manage their workspace strategies with greater clarity, speed, and control.”
Key Benefits Experienced by Enterprises Using Stylework’s MSA:
- Consolidates multiple operator contracts into a single, organization-wide MSA.
- Track workspace usage, billing, and renewal cycles from a single dashboard.
- One-click options to update, scale, or pause workspace memberships.
- Streamlines financial and legal workflows by unifying vendor relationships under one contract.
MSA has not only streamlined operations but has also positioned Stylework as a trusted partner for enterprises looking to drive efficiency in their workspace strategy. By bridging operational gaps and offering a scalable model, Stylework continues to redefine how companies approach flexible work environments.
Honda Motorcycle & Scooter India Launches 50th Anniversary Gold Wing Tour
Mumbai, 30 May 2025: Celebrating half a century of iconic touring excellence, Honda Motorcycle & Scooter India (HMSI) today announced the launch of 2025 Gold Wing Tour – the 50th Anniversary Edition. As this legendary nameplate turns fifty, the Gold Wing Tour continues to set the benchmark in luxury touring. Bookings for the same are now open and it will be exclusively sold via the company’s premium BigWing Topline dealerships. The 50th Anniversary Honda Gold Wing Tour has been priced at Rs. 39.90 lakh, ex-showroom Gurugram (Haryana).
Announcing the launch, Mr. Tsutsumu Otani, Managing Director, President & CEO, Honda Motorcycle & Scooter India, said, “We are ecstatic to introduce the 50th Anniversary Gold Wing Tour in India. The launch of the 2025 Gold Wing Tour commemorates an iconic journey that began in 1975. Over the past five decades, the Gold Wing platform has evolved into a symbol of class, comfort, and endurance. The 50th Anniversary Edition is a tribute to this unmatched legacy and a celebration of our commitment to engineering excellence for long-distance touring connoisseurs.”
Commenting on this announcement, Mr. Yogesh Mathur, Director, Sales and Marketing, Honda Motorcycle & Scooter India, said, “We are delighted to launch the 50th Anniversary Gold Wing Tour for our Indian customers. With this special 50th Anniversary Edition, we aim to offer a riding experience that perfectly blends innovation, luxury, and power. This is more than just a motorcycle – it’s a tribute to a generation of motorcyclists who believe in the art of luxury touring. We are glad to announce that the bookings for the new Gold Wing Tour are now open and customer deliveries of this flagship luxury tourer will begin in India from June 2025 onwards.”
50th Anniversary Gold Wing Tour: The Art of Luxury Touring
The 2025 Gold Wing Tour boasts a cutting-edge style with a distinctive silhouette that balances aerodynamic efficiency and majestic road presence. Moreover, it gets a special Gold Wing emblem with 50th Anniversary and ‘since 1975’ detailing, commemorating the motorcycle’s important milestone. Enhancing its modern design is a full-LED lighting system and airflow-optimized air vents which helps the bike slip through the air efficiently while still offering the great ergonomics that are a staple to long days on the open road.
In terms of equipment, the new Gold Wing Tour gets a feature-rich cockpit with a 7.0-inch full-colour TFT display that provides riding, navigation & audio information. Moreover, it now features first-in-class wireless Android Auto and Apple CarPlay for connectivity and gets a new welcome screen saying “Since 1975” when the motorcycle is turned on. Touring comfort is further elevated with an extended electric screen for excellent wind protection, improved audio system speakers to deliver rich sound at all speeds, Bluetooth connectivity with two USB type-C sockets, Tyre Pressure Monitoring System (TPMS) and a host of other features.
At the heart of the new Honda Gold Wing Tour is a massive 1833cc, liquid-cooled, 4 stroke, 24 valve, flat six-cylinder engine that churns out 93 kW power and 170 Nm of peak torque. The engine is paired with a 7-speed Dual Clutch Transmission (DCT). Engineered for long hauls and responsive acceleration, this engine offers seamless performance even under demanding touring conditions.
Coupled with advanced safety aids and innovative electronics for seamless performance, including a Throttle-By-Wire (TBW) system, dual-channel ABS, traction control and Airbag, it guarantees a ride that’s both thrilling and safe. The Gold Wing Tour comes with four riding modes – Tour, Sport, Econ and Rain, each with distinct settings that help tailor the riding character of the motorcycle.
The 50th Anniversary Honda Gold Wing Tour will be available in a single DCT variant with Bordeaux Red Metallic colour and has been priced at Rs. 39.90 lakh (ex-showroom, Gurugram). Customers can book this flagship luxury touring machine exclusively at Honda’s premium BigWing Topline dealerships with deliveries commencing from June 2025 onwards.
FSS Aligns with RBI Vision, Powers Scalable Digital Finance with AI-Driven Platforms
By – Vishal Maru, Global Processing Head, Financial Software and Systems (FSS)
“The RBI’s May 2025 Bulletin reinforces the critical need for intelligent, scalable, and secure digital financial infrastructure. With UPI now handling over 18 billion transactions monthly and the Unified Lending Interface (ULI) set to redefine credit access, India is building the digital rails that will support its next phase of financial inclusion and innovation. As a leading bank-tech company, FSS is proud to be aligned with this national vision. Our cloud-native BLAZE platform and next-gen Card Management System are engineered to help banks and fintechs launch products faster, manage risk smarter, and scale confidently. Importantly, we are embedding Artificial Intelligence across our technology stack from dynamic fraud detection and smart transaction routing to AI-powered credit scoring modules enabling financial institutions to deliver more personalized, secure, and efficient services at scale.
The RBI’s focus on digital public infrastructure, formalization of financial systems, and data-driven policy outcomes validates the role of intelligent technology in reshaping banking. At FSS, we see ourselves not just as solution providers, but as co-architects of a future-ready ecosystem. By combining deep domain knowledge with AI-driven innovation, we’re equipping banks to meet evolving customer expectations and regulatory standards all while ensuring speed, security, and scalability.”
TVS Supply Chain Solutions FY25 Revenue grows 8.6%
Chennai, 29th May 2025: TVS Supply Chain Solutions Limited , a global supply chain solutions provider and one of the largest and fastest growing integrated supply chain solutions providers in India, today announced its consolidated financial results for the fourth quarter and full year ended March 31, 2025.
The Company reported a Profit Before Tax (PBT) of ₹13 Cr for Q4 FY25, up from ₹5 Cr in the same quarter last year. For the full fiscal year, PBT stood at ₹29.3 Cr, a significant turnaround from a loss of ₹36.1 Cr in FY24. Sequentially, the Company demonstrated strong momentum across key metrics, including EBITDA, PBT, and PAT, compared to Q3 FY25.
For the full year ended March 31, 2025, the Company narrowed its net loss to ₹9.7 Cr, a substantial improvement from (₹57.7 Cr) in FY24. This reflects continued operational discipline, focused business development efforts, and effective cost optimisation initiatives. Q4 FY25 Profit After Tax (PAT) was reported at (₹3.9 Cr), compared to a profit of ₹5.4 Cr in Q4 FY24. Revenue for the year reached ₹9,996 Cr, up from ₹9,200 Cr, marking a year-on-year (YoY) growth of 8.6%.
The company has two operating segments: Integrated Supply Chain Solutions (‘ISCS’) and Network Solutions (‘NS’). Below is the summary of the business and financial performance of the two operating segments, along with the summary of the consolidated financial performance.
Integrated Supply Chain Solutions (‘ISCS’):
Integrated Supply Chain Solutions segment (‘ISCS’) (Amount in ₹ Cr) |
Q4 FY25 |
Q4 FY24 |
Q3 FY25 |
Y-o-Y Growth Q4 |
Q-o-Q Growth Q4 |
FY25 |
FY24 |
Y-o-Y Growth FY25 |
ISCS Revenue |
1,421.0 |
1,379.5 |
1,301.1 |
3.0% |
9.2% |
5496.5 |
5240.0 |
4.9% |
ISCS Adj. EBITDA |
122.0 |
133.1 |
114.1 |
(8.4%) |
7.0% |
523.5 |
536.2 |
(2.4%) |
ISCS Adj. EBITDA margin % |
8.6% |
9.6% |
8.8% |
— |
— |
9.5% |
10.2% |
— |
n the ISCS segment, overall revenue grew 4.9% in FY25. North America operations remained strong, contributing consistently to the segment’s performance. India portfolio stayed resilient and supported stronger bottom-line margins.
Network Solutions Segment (‘NS’):
Network Solutions segment (‘NS’) (Amount in ₹ Cr) |
Q4 FY25 |
Q4 FY24 |
Q3 FY25 |
Y-o-Y Growth Q4 |
Q-o-Q Growth Q4 |
FY25 |
FY24 |
Y-o-Y Growth FY25 |
NS Revenue |
1,077.9 |
1,046.8 |
1,143.5 |
3.0% |
-5.7% |
4,499 |
3,960 |
13.6% |
NS Adj. EBITDA |
49.5 |
47.0 |
42.4 |
5.2% |
16.6% |
168.6 |
185.8 |
-9.3% |
NS Adj. EBITDA margin % |
4.6% |
4.5% |
3.7% |
— |
— |
3.7% |
4.7% |
— |
The NS segment reported a revenue of ₹1,078 Cr in Q4 FY25, up from ₹1,047 Cr, in the same quarter last year, reflecting a 3% YoY growth. For the full year ended March 31, 2025, revenue from the segment reached ₹4,499 Cr, representing a robust 13.6% increase over FY24.
Summary of Consolidated Financial Performance:
In ₹ Cr |
Q4 FY25 |
Q4 FY24 |
Q3 FY25 |
Y-o-Y Growth Q4 |
Q-o-Q Growth Q4 |
FY25 |
FY24 |
Y-o-Y Growth FY25 |
Revenue from operations |
2498.8 |
2,426.3 |
2,444.6 |
3.0% |
2.2% |
9995.7 |
9200.0 |
8.6% |
Adj. EBITDA |
156.4 |
174.5 |
150.3 |
-10.4% |
4.0% |
667.4 |
710.2 |
-6% |
Adj. EBITDA margin % |
6.3% |
7.2% |
6.1% |
|
— |
6.7% |
7.7% |
— |
PBT before exceptional items |
13.0 |
5.0 |
-15.2 |
161.7% |
— |
29.3 |
-9.6 |
— |
PBT as reported |
13.0 |
5.0 |
-15.2 |
161.7% |
— |
29.3 |
-36.1 |
— |
PAT as reported |
-3.9 |
5.4 |
-23.8 |
— |
— |
-9.7 |
-57.7 |
— |
PAT margin % |
-0.2% |
0.2% |
-1.0% |
— |
— |
-0.1% |
-0.6% |
|
Commenting on the performance, Ravi Viswanathan, Managing Director, TVS Supply Chain Solutions Ltd., said, “We delivered a strong performance this year in a challenging macroeconomic environment. Our consistent focus on deepening engagement with marquee clients has been pivotal in driving our growth. In FY25, we secured ₹1,009 Cr worth of new contracts, underscoring the effectiveness of our business development initiatives. Our Global Fortune 500 customer base expanded from 78 to 91, a testament to the trust leading organisations place in our capabilities.”
He further added, “With a record-high order pipeline of ₹5,250 Cr, we are entering the new fiscal with strong momentum and enhanced visibility. We are optimistic that our strategic initiatives will deliver results in FY26 and beyond and continue on our upward growth trajectory towards achieving a PBT margin of 4%.”
R Vaidhyanathan, Global Chief Financial Officer, TVS Supply Chain Solutions Ltd., said, “We closed FY25 with a positive operating cash flow of ₹195 Cr, underscoring our focus on financial discipline and efficient working capital management. Compared to Q3, we made a strong recovery in Q4 across all the regions, which enabled us to close this quarter with a PBT of ₹13 Cr as compared to a (₹15 Cr) loss in the preceding quarter. On a full-year basis, our PBT improved to ₹29 Cr in FY25, compared to a loss of ₹10 Cr in FY24. Looking ahead, we remain committed to driving operational leverage through strategic cost take-out initiatives across regions that will improve our profitability and sustain strong cash flow generation to further strengthen our financial position.”