New Delhi: TCI, a logistics firm, announced a 10 pc increase in its consolidated post-tax profit (PAT) to Rs 91.6 crore for the quarter ending on June 30, 2024.
TCI reported to BSE that the company recorded a PAT of Rs 83.2 crore for the previous year.According to the filing, there was an increase in income from Rs 958.3 crore to Rs 1,056 crore in the previous year.
"We have achieved strong results in the initial quarter of FY2025." All of our product divisions catering to different industry sectors have seen growth, particularly in coastal shipping, rail multimodal solutions, 3PL/warehousing, and cold chain logistics. Managing Director Vineet Agarwal stated that our main priority is to offer technologically advanced customized solutions that add value for our customers.
The business stated that it stills invest in essential infrastructure such as warehouses and yards, utilizing data from e-waybills and FASTag to predict demand and improve logistics efficiency for clients.