Multi-modal logistics operator Transport Corporation of India (TCI) on Wednesday reported an 11.4 per cent year-on-year increase in its profit after tax at Rs 115.1 crore in the March 2025 quarter. The company had posted a PAT (profit after tax) of Rs 103.3 crore in the fourth quarter of FY24. The consolidate revenue for the period under review increased 9.3 per cent to Rs 1,197.2 crore from Rs 1,095.4 crore in the January-March period of the 2023-24 financial year, TCI said in a statement. The company's earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) stood at Rs 140.1 crore as compared to Rs 125.9 crore recorded in FY24, registering an 11.3 per cent year-on-year growth. "FY2025 has been a year of systemic growth at TCI. Despite global uncertainties and evolving supply chain dynamics, our focus on multi-modal integration, sustainability and digitalisation have propelled decisive advancement," said Vineet Agarwal, Managing Director at TCI. Driven by ...
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
TCI Express on Monday reported flat standalone net profit of Rs 32.19 crore for the December quarter. The company had posted standalone net profit of Rs 32.02 crore in the year-ago period. The standalone total income from operations of the company in the third quarter of the ongoing fiscal dropped marginally to Rs 313.83 crore from Rs 315.72 crore in the year-ago period, TCI Express said in a filing to the BSE. "In the face of continued headwinds on account of muted festive demand and long holiday season during the quarter, our commitment to operational excellence, along with a strong customer mix base, and unmatched network and efficiency, has propelled us to maintain stable profitability and margins, outperforming industry peers," the company's Managing Director Chander Agarwal said.
Logistics company TCI Express on Friday posted over 14 per cent fall in its net profit at Rs 35.93 crore during the March 2022 quarter.
The company had posted a standalone PAT of Rs 40 crore in the corresponding quarter of the last financial year
The company is keen on augmenting its marine assets for coastal container cargo as it sees coastal shipping growth to 215 million tonne by 2025 from about 86 million tonne now
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