TCI reports 14.8% growth in Q2 FY2027 revenue

Transport Corporation of India (TCI) reported a 14.8% increase in consolidated revenue to ₹13.98 billion in the second quarter of FY2027, compared with ₹12.17 billion in the same period last year. Profit after tax (PAT) rose 3% to ₹1.17 billion, while earnings before interest, taxes, depreciation and amortisation (EBITDA) increased 8.3% to ₹1.76 billion.

For the quarter ended 30 September 2026, TCI’s standalone revenue increased 12.3% to ₹11.96 billion from ₹10.65 billion in the corresponding quarter of the previous year. Standalone EBITDA rose 9.7% to ₹1.43 billion from ₹1.30 billion, while PAT increased 4.4% to ₹917 million from ₹878 million.

For the first half of FY2027, TCI recorded consolidated revenue of ₹26.53 billion, up 12% from ₹23.68 billion in the same period last year. Consolidated EBITDA increased 6.8% to ₹3.36 billion from ₹3.14 billion, while PAT rose 1.3% to ₹2.24 billion from ₹2.21 billion.

On a standalone basis, revenue for the six months ended 30 September 2026 grew 10% to ₹23.08 billion from ₹20.99 billion. EBITDA increased 5.2% to ₹3.08 billion from ₹2.93 billion, while PAT declined 0.2% to ₹2.12 billion from ₹2.12 billion in the corresponding period last year.

Vineet Agarwal, managing director of TCI, said the company was seeing healthy growth in third-party logistics (3PL), warehousing and multimodal logistics. He added that its road, rail and coastal transport services were supporting long-haul movement, while its expanding warehouse network was helping it serve e-commerce, quick commerce and omni-channel retail.

Agarwal said technology remained central to the company’s growth, with digital integration through the Unified Logistics Interface Platform (ULIP) providing customers with real-time visibility and data-driven supply chain solutions. The company is also expanding its use of artificial intelligence for forecasting, route optimisation and automation.

He added that TCI expected a constructive outlook for the coming quarters as festive-season demand increased across consumption-led sectors. The company will continue investing in multimodal infrastructure, digital capabilities and green logistics.