Business

Logistics company TCI reports post-tax growth of Rs 91.6 crore

Logistics company TCI: Logistics company TCI: on Saturday reported a 10 per cent rise in consolidated profit after tax (PAT) to Rs 91.6 crore for the quarter ended June 30, 2024. The company had posted a PAT of Rs 83.2 crore for the year-ago period, Transport Corporation of India (TCI) said in a filing to the BSE. Income grew to Rs 1,056 crore from Rs 958.3 crore in the year-ago period, the filing said. “We have reported strong performance in the first quarter of FY25. There has been growth across all our product segments serving various industry sectors, particularly coastal shipping, rail multimodal solutions, 3PL/warehousing and cold chain logistics. Our focus remains on providing value-added and technologically advanced customised offerings to our customers,” said Managing Director Vineet Agarwal.

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