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Transport Corporation of India Ltd. Consolidated revenue grown by 21%

Transport Corporation of India Ltd. Consolidated revenue grown by 21% and Net Profit increases by 52% to Rs. 123.8 crores.

Transport Corporation of India Ltd., India’s leading integrated multimodal supply chain and logistics solutions provider today announced its annual financial results for the quarter & year ended March 31, 2018.

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Mr. Vineet Agarwal, Managing Director, Commenting on the results, said, “this year, TCI Group celebrates its 60 years of service to the nation providing transportation and logistics services. We are also pleased to announce record growth in our business and profitability. With all our businesses being GST ready, we were able to achieve robust growth for all our value added services.

We expect to continue this momentum and grow by 15% in topline and bottomline in the next financial year.” He further added “TCI has acquired another coastal container ship to augment its multimodal strength and it will be operational from 2nd quarter of current fiscal in the West to South sector.”

Filed in: Auto, Logistics, Retail /SCM, Road Tags: ,

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