TCI Q1 net profit up 17.38% to Rs 18.77 cr

Image
Press Trust of India New Delhi
Last Updated : Aug 01 2015 | 5:13 PM IST
Transport Corporation of India (TCI) today reported a 17.38 per cent increase in standalone net profit at Rs 18.77 crore for the quarter ended June.
TCI, which is an integrated supply chain solutions provider, had posted a net profit of Rs 15.99 crore in the corresponding quarter of 2014-15.
Its total income from operations during April-June quarter of this fiscal went up to Rs 548.30 crore from Rs 520.18 crore in the year-ago period.
Total expenses increased to Rs 519.68 crore during the first quarter against Rs 491.35 crore in the year-ago period.
The company recorded Rs 4.01 crore other income during the quarter against Rs 0.38 crore in the corresponding period of last fiscal.
Shares of the company closed at Rs 266.50 apiece on the BSE yesterday, down 0.41 per cent from the previous close.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 01 2015 | 5:13 PM IST

Next Story