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TCI Express Q3 net profit surges 21 pc to Rs 19 cr

Business Finance

Press Trust of India  |  New Delhi 

Logistic service provider TCI Express Monday said its net profit grew 21 per cent to 18.72 crore during the third quarter ended december 31, helped by higher income.

The company had posted Rs 15.43 crore net profit during the year-ago period, TCI Express said in a BSE filing.

During October-December 2018, the company said its income increased to Rs 263.81 crore from Rs 229.61 crore in the same quarter of 2017-18.

Its total expenses stood at Rs 234.90 crore as against Rs 207.60 crore in the corresponding period previous fiscal.

Shares of the company Monday ended 1.45 per cent down at Rs 611 apiece on the BSE.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Mon, February 11 2019. 18:45 IST