Latest news with #TransportCorporationofIndia
Business Standard
15-05-2025
- Automotive
- Business Standard
Transport Corp Q4 PAT jumps 11% YoY to Rs 115 crore; EBITDA up nearly 11% YoY
Transport Corporation of India has reported 11.42% rise in consolidated net profit to Rs 115.10 crore on a 11.42% increase in revenue from operations to Rs 103.30 crore in Q4 FY25 over Q4 FY24. Profit before tax in Q4 FY25 stood at Rs 127.20 crore, up by 19.88% from Rs 106.10 crore in Q4 FY24. EBITDA stood at Rs 140.10 crore in Q4 FY25, up 11.27% YoY. EBITDA margin improved 11.70% in Q4 FY25 as against 11.49% in Q4 FY24. On a full year basis, the companys consolidated net profit rallied 17.37% to Rs 416.10 crore on 11.51% rise in revenue from operations to Rs 4,538.5 crore in FY25 over FY24. Vineet Agarwal, MD - TCI, said, "FY2025 has been a year of systemic growth at TCI. Despite global uncertainties and evolving supply chain dynamics, our focus on multimodal integration, sustainability and digitalisation have propelled decisive advancement. Driven by consumption lead warehousing demand, spanning quick commerce, retail and consumer durables sectors, we also strengthened our niche logistics and multimodal solutions for bulk goods, heavy machinery & large equipment. By deploying smart assets in rail and coastal transport we have deepened our capabilities with high-capacity 40-foot, 40-tonne containers, fixed chassis units and ISO containers, ensuring efficiency and scalability in operations. Sustainability remains intrinsic to our innovation roadmap, marked by the induction of EV and LNG trucks in our fleet and the transition to renewable energy-powered warehousing. <>p The TEMT tool, developed by the TCI-IIM Supply Chain Sustainability Lab, which holds the distinction of being Indias first ISO-certified tool has also been recognized by the Smart Freight Centre in the Netherlands for its contribution in decarbonizing freight transportation. Further strengthening our digital capabilities, we have successfully piloted AI-driven analytics, bot-based service operations and are testing Agentic AI solutions to elevate customer experience and operational precision. He further added, With the global logistics sector undergoing transformative acceleration, TCI remains steadfast in its commitment to resilience, innovation, operational excellence and stakeholder value creation. As we look ahead, we are investing in up-skilling talent, green logistics, automation and strategic partnerships, aligned with our vision to be a key enabler in positioning India as a global logistics hub." Shares of Transport Corporation of India declined 2.42% to Rs 1,121.55 on the BSE.
Business Standard
15-05-2025
- Business
- Business Standard
Transport Corporation of India consolidated net profit rises 11.85% in the March 2025 quarter
Sales rise 9.26% to Rs 1178.80 crore Net profit of Transport Corporation of India rose 11.85% to Rs 114.20 crore in the quarter ended March 2025 as against Rs 102.10 crore during the previous quarter ended March 2024. Sales rose 9.26% to Rs 1178.80 crore in the quarter ended March 2025 as against Rs 1078.90 crore during the previous quarter ended March 2024. For the full year,net profit rose 17.59% to Rs 412.50 crore in the year ended March 2025 as against Rs 350.80 crore during the previous year ended March 2024. Sales rose 11.62% to Rs 4491.80 crore in the year ended March 2025 as against Rs 4024.20 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 1178.801078.90 9 4491.804024.20 12 OPM % 10.3210.14 - 10.2710.20 - PBDT 156.40141.90 10 577.20518.90 11 PBT 127.20108.50 17 459.40390.50 18 NP 114.20102.10 12 412.50350.80 18
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Business Standard
14-05-2025
- Business
- Business Standard
TCI Q4 results: Net profit rises 11.4% to Rs 115.1 crore, revenue up 9%
Multi-modal logistics operator Transport Corporation of India (TCI) on Wednesday reported an 11.4 per cent year-on-year increase in its profit after tax at Rs 115.1 crore in the March 2025 quarter. The company had posted a PAT (profit after tax) of Rs 103.3 crore in the fourth quarter of FY24. The consolidate revenue for the period under review increased 9.3 per cent to Rs 1,197.2 crore from Rs 1,095.4 crore in the January-March period of the 2023-24 financial year, TCI said in a statement. The company's earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) stood at Rs 140.1 crore as compared to Rs 125.9 crore recorded in FY24, registering an 11.3 per cent year-on-year growth. "FY2025 has been a year of systemic growth at TCI. Despite global uncertainties and evolving supply chain dynamics, our focus on multi-modal integration, sustainability and digitalisation have propelled decisive advancement," said Vineet Agarwal, Managing Director at TCI. Driven by consumption-led warehousing demand, spanning quick commerce, retail and consumer durables sectors, the company also strengthened its niche logistics and multi-modal solutions for bulk goods, heavy machinery and large equipment, he said. "By deploying smart assets in rail and coastal transport, we have deepened our capabilities with high-capacity 40-foot, 40-tonne containers, fixed chassis units and ISO containers, ensuring efficiency and scalability in operations," Agarwal stated. Sustainability remains intrinsic to TCI's innovation roadmap, marked by the induction of electric vehicles and LNG trucks in its fleet and the transition to renewable energy-powered warehousing, he added. Further strengthening our digital capabilities, we have successfully piloted AI-driven analytics, bot-based service operations and are testing Agentic AI solutions to elevate customer experience and operational precision, he said. He further added, "As we look ahead, we are investing in up-skilling talent, green logistics, automation and strategic partnerships, aligned with our vision to be a key enabler in positioning India as a global logistics hub.
Time of India
30-04-2025
- Time of India
Mason arrested for killing elderly couple over monetary dispute
1 2 Prayagraj: Naini police on Wednesday claimed to have solved the elderly couple's murder case and arrested the prime accused from the Trans-Yamuna pocket of the district. Police have also seized a hammer, and other objects used in the killing from the possession of Shyam Babu (40) of Chatkahna (Industrial Area), a mason by profession. Police claimed that the murder was a fallout of a monetary dispute. The couple-- Arun Kumar Srivastava (65) and his wife Meena (60) -- were found murdered inside their house at ADA Colony, Naini area on Monday. Arun Kumar retired from the Transport Corporation of India (TCI) about seven years ago. DCP (Yamuna Nagar) Vivek Yadav told TOI: "With the help of CCTV footage, CDR report and scientific evidence, cops managed to arrest Shyam Babu, who confessed to have killed the elderly couple over Rs 20,000." The arrested miscreant, a mason by profession, told police that he had worked at the elderly couple's home about three months back and arrived at their home on April 27 to collect his pending dues. "However, the slain TCI official asked him to come the next day. When he reached the couple's home on April 28, Srivastava asked him to come after an hour. After spending an hour, he again reached the home and asked him to clear his dues. However, this time, the argument ensued between them. In a fit of rage, Shyam Babu hit Srivastava on the head with a hammer. Hearing cries, when his wife tried to intervene, the accused attacked her too with the hammer," said the DCP. Shyam Babu told police that Srivastava had used derogatory remarks against him that further angered him. The DCP said the mason used to carry a bag containing equipment like a hammer and other construction tools. After killing the couple, the mason washed his hammer in the washbasin and escaped after locking the house from the outside. Police claimed that the mason used to walk with a limp, as captured in the CCTV footage. The CCTV footage and scientific evidence of the hammer and nails proved the involvement of Shyam Babu.
Time of India
29-04-2025
- Time of India
Suspect held for quizzing in elderly couple killing case in Prayagraj
Prayagraj: Cops on Tuesday claimed to have received vital evidences in connection with the Naini-based elderly couple killing case and detained a suspect for questioning. An elderly couple, identified as Arun Kumar Srivastava (65) and his wife Meena (60), were allegedly killed by unidentified miscreants inside their house at ADA Colony, Naini area, under the limits of Naini police station in trans-Yamuna pocket of the district on Monday evening. Tired of too many ads? go ad free now Arun Kumar, who retired from the Transport Corporation of India (TCI) about seven years back was staying on the first floor of the house with his wife while a tenant was residing on the ground floor. DCP (Yamuna Nagar) Vivek Yadav told TOI, "A suspect has been detained on the basis of scientific evidences and CCTV footage, and police teams are questioning him." Police, meanwhile, said the retired TCI official died on the spot while his wife succumbed to her injuries during treatment. Police also said that the couple was attacked by miscreants with sharp objects and knives. No cash and valuables were stolen during the crime. Investigations are underway.
