TCI Express Q2 net profit rises 60 pc to Rs 26 cr
Logistics services provider TCI Express Ltd on Monday posted a 60 per cent rise in net profit at Rs 26.10 crore for the quarter ended September 30.
The company had posted a net profit of Rs 16.27 crore in the year-ago period, TCI Express Ltd said in a BSE filing.
Its net sales or income from operations in the July-September period increased to Rs 269.47 crore, over Rs 247.20 crore in the year-ago period, the filing said.
"Profit after tax was Rs 26 crore in Q2 FY2020, representing an increase of 60.6 per cent on y-o-y (year-on-year) basis, with margins of 9.6 per cent," the company's Managing Director Chander Agarwal said,
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