Transport Corporation of India (TCI), a major player in India’s integrated supply chain and logistics solutions sector, reported a 27 per cent surge in Profit After Tax (PAT) to Rs 102 crore for the third quarter ending December 31, 2024, up from Rs 80 crore in the same period last year.
TCI reported a consolidated revenue of Rs 1,153.9 crore, reflecting a 14 per cent increase from Rs 1,011.5 crore in the same period last year.
The company’s Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) reached Rs 147.8 crore, marking a 15.8 per cent rise from Rs 127.6 crore in Q3FY2024.
“This robust performance has been achieved through balanced growth across all our product lines. Our innovative solutions and customer-centric approach have strengthened our market position and delivered value to our stakeholders. We have seen a surge in demand for warehousing and temperature-controlled, 3PL green multimodal solutions from sectors such as FMCG & retail, agri++, automotive, engineering equipment and EPR. Additionally, our diversified offerings for emerging sectors like renewables, chemicals, quick-commerce and consumer electronics have expanded in response to growing market opportunities,” says Vineet Agarwal, MD, TCI.
“With the resumption of infrastructure spending and economic activity bolstered by private consumption in the rural economy, we anticipate a robust order pipeline in the coming quarters. To sustain our momentum and drive future growth, we are strategically investing in technology, talent, and specialized logistics assets, including warehousing, automation, rail, containers, and ships. We are dedicated to expanding our network and enhancing our capabilities to offer cutting-edge, tailor-made solutions for the evolving needs of an aspirational India.”