The Transport Corporation of India Ltd., an integrated supply chain and logistics solutions provider posted a consolidated net profit of Rs. 1,073 million for Q2 FY2025, up 22.2% from Rs. 878 million in Q2 FY2024. Its consolidated revenue reached Rs. 11,314 million, rising 12.6% from Rs. 10,048 million.
EBITDA increased to Rs. 1,519 million from Rs. 1,319 million, marking a 15.2% growth. The company recorded a standalone revenue of Rs. 10,120 million, up 11% from Rs. 9,114 million year-on-year. Standalone profit grew 24.2% to Rs. 825 million from Rs. 664 million.
For the half year ended September 2024, the company recorded revenue of Rs. 21,874 million, an 11.4% increase from Rs. 19,631 million. Six-month profit reached Rs. 1,989 million, up 16.3% from Rs. 1,710 million.
Summarizing the quarterly performance, Mr. Vineet Agarwal , MD – TCI said “The company has displayed resilient growth in Q2FY25 despite stalling economic conditions due to heavy monsoons, uncertainties of global geopolitical developments and slower private consumption.
We have seen growth across all lines of businesses, especially inwarehousing and3PL green multimodal solutions,coming fromsectors like Industrials, electrical equipment, chemicals, quick commerce& consumer electronics etc. Our diversified offerings of cold chain & chemical logistics along with other emerging vertical solutions have shownpositive traction by efficiently tapping into available opportunities.
The “Committed” badge of Sustainability awarded by EcoVadis in Aug’24 affirmsthat our efforts have now movedfromcommitment to measurable output at par with global sustainability standards. Our continuous efforts towards road safety through TCI Safe Safar, have yet again been recognizedat the 6th Road Safety Award by FICCI in collaboration with the Hon’ble Government of India.
With the increased public infrastructure spends renewing the thrust on rail, waterways & multimodal-cargo-park projectsclubbed with recovering private consumption, we remain optimistic ongrowth in the coming quarters. By investing in technology, automation, and enhancing our rail & coastal multimodal service offerings to expand our network, we are continuously strengthening our capabilities to remain as the leaders in logistics.