Gurugram, January 27, 2025:
Transport Corporation of India Ltd. (TCI), India’s leading integrated supply chain and logistics solutions provider, today announced its financial results for the third quarter ended December 31, 2024.
Financial Highlights for Q3 FY2025:
Revenue: TCI reported a consolidated revenue of ₹ 11,539 Mn, marking a growth of 14.1% compared to ₹ 10,115 Mn in the same period last year.
EBITDA: The company’s Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA)
stood at ₹ 1,478 Mn, a 15.8% increase from ₹ 1,276 Mn in Q3/FY2024.
Profit After Tax (PAT): PAT rose by 27.3% to ₹ 1,021 Mn, compared to ₹ 802 Mn in the corresponding
quarter of the previous year. Consolidated
Management Commentary:
Annotating the financial results of this quarter, Mr. Vineet Agarwal, MD – TCI, said, “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.
While TCI has received the ‘ESG Registered’ badge from Dun & Bradstreet (D&B), we are equally honoured by India’s first ISO14083:2023 certificate being awarded to the Transport Emission Measurement Tool (TEMT) developed by the TCI-IIMB Supply Chain Sustainability Lab at IIM Bangalore. We remain steadfast in our commitment to on-ground actions that elevate sustainability standards within the transport and logistics sector.
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.”
