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TCI Express Apr-Jun profit up 13 pc at Rs 18 cr

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Press Trust of India New Delhi
Express logistics service provider TCI Express on Tuesday said its standalone net profit rose 12.5 per cent to Rs 18 crore during the quarter ended June 30, 2019.
The company had clocked Rs 16 crore net profit during the same period a year ago, TCI Express said in a BSE filing.
Total income during the latest quarter rose to Rs 256.90 crore from Rs 248.10 crore in the year-ago-period.
Total expenses were at Rs 228.57 crore during the period under review as compared to Rs 223.28 crore in April-June 2018-19.
Shares of the company on Tuesday ended 0.53 per cent down at Rs 577.35 apiece on the BSE.

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First Published: Jul 30 2019 | 5:46 PM IST

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