TCI Industries Ltd News

TCI Q3 results: Net profit rises 27% to Rs 102 crore on strong 3PL demand

Multimodal logistics firm Travel Corporation of India (TCI) on Monday reported a 27.3 per cent year-on-year increase in consolidated Profit After Tax (PAT) to Rs 102 crore for the three months ended December 2024, driven by strong demand for warehousing, temperature-controlled logistics, and green multimodal solutions in Third-party Logistics (3PL). The company had recorded a PAT of Rs 80.20 crore in the October-December period of the previous fiscal. The topline during the quarter under review, TCI said, grew 14.1 per cent at Rs 1,153.90 crore from Rs 1,011.50 crore clocked in the December quarter of FY24. Ebitda (Earnings Before Interest, Depreciation, Taxes and Amortisation) for Q3FY25 stood at Rs 147.8 crore, from Rs 127.60 crore in the third quarter of FY24, registering a year-on-year growth of 15.8 per cent, TCI said. "The company has strengthened its market position and has seen a surge in demand for warehousing and temperature-controlled, 3PL green multimodal solutions from