TVSSCS2023-04-012023-06-30 TVSSCS2023-04-012023-06-30in-bse-fin:OneOperatingExpenses01Member TVSSCS2023-04-012023-06-30in-bse-fin:OneOperatingExpenses02Member TVSSCS2023-04-012023-06-30in-bse-fin:OneOperatingExpenses03Member TVSSCS2023-06-30 TVSSCS2023-04-012023-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 543965 TVSSCS NOTLISTED Tvs Supply Chain Solutions Limited Equity 2023-04-01 2024-03-31 2023-09-11 2023-09-01 INR Crores First quarter 17:00:00 18:45:00 2023-09-11 2023-09-11 Not applicable Single segment INTEGRATED SUPPLY CHAIN SOLUTIONS 2023-04-01 2023-06-30 Unaudited Standalone 5012500000.00 481100000.00 5493600000.00 0.00 0.00 0.00 1257600000.00 209700000.00 517100000.00 3218500000.00 5202900000.00 290700000.00 -231700000.00 59000000.00 95300000.00 -30000000.00 65300000.00 0.00 -6300000.00 0.00 0.00 0.00 0.00 -6300000.00 -300000.00 -6600000.00 0.00 0.00 364300000.00 1 -0.02 -0.02 0.00 0.00 -0.02 -0.02 1. The Company has completed an Initial Public Offer (IPO) of 44,670,050 Equity Shares at the face value of Re.1/- each at an issue price of 197/- per Equity Share, comprising offer for sale of 14,213,198 shares by Selling Shareholders and a fresh issue of 30,456,852 shares aggregating Rs.880 Crores. The Equity Shares of the Company were listed on BSE Limited (BSE) and National Stock Exchange of India limited (NSE) on August 23, 2023. Accordingly, the Unaudited Consolidated Financial Results for the quarter ended June 30, 2023 are drawn up for the first time in accordance with the Listing Requirements. 2. In terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this Statement of Unaudited Consolidated Financial Results for the quarter ended June 30, 2023 (Unaudited Consolidated Financial Results) of TVS Supply Chain Solutions Limited (the Holding Company or the Company), its subsidiaries (the Holding Company along with subsidiaries together referred to as the Group) and joint venture has been reviewed by the Audit Committee and approved by the Board of Directors at their meetings held on September 11, 2023 and have been subject to a limited review by the statutory auditor of the Company. 3. The Unaudited Consolidated Financial Results of the Group have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under Section 133 of the Companies Act, 2013 read with the Companies (Indian Accounting Standards) Rules, 2015 (as amended) and in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Requirements). 4) The Unaudited Consolidated financial results includes the financial results of the Group and joint venture listed in Annexure 1. 5. The figures for the quarter ended June 30, 2022 have neither been reviewed nor audited by the Statutory auditor of the Company. However, the management has exercised necessary care and diligence to ensure that the financial results for these periods are fairly stated. 6) The figures for the year ended March 31, 2023 has been extracted from the general purpose financial statements which was audited by the Statutory auditor of the Company. The figures for the quarter ended March 31, 2023 are the balancing figures between the audited figures in respect of the full financial year ended March 31, 2023 and audited figures for the nine months period ended December 31, 2022. 7) Details of the exceptional items are as follows: a. Compulsorily Convertible Preference Shares (CCPS) aggregating Rs.556.16 Crores were converted into equity shares on July 27, 2023 at a price of 167.55 per Equity Share. Fair value changes on conversion of these instruments aggregating 23.17 Crores has been expensed off and disclosed as an exceptional item in these financial results. The fair value changes are non-cash and does not entail any cash outflow. 8) The previous period / year comparatives have been regrouped / rearranged wherever necessary to conform to the current period's presentation. 9) This Financial Results are also available on the stock exchange websites www.bseindia.com and www.nseindia.com and on our website at www.tvsscs.com. Frieght Charges 1409700000.00 Other Expenses 601800000.00 Subcontracting cost and labour charges 1207000000.00 Re-measurement gain / (loss) on defined benefit plans -400000.00 -400000.00 -100000.00 0.00