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TCI Q4 revenue rises 11.6% to ₹13.36 billion in FY2026

The company expanded its multimodal logistics and supply chain operations across sectors including FMCG, e-commerce, renewables and consumer durables.

TCI Q3 net profit down 7%
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Transport Corporation of India (TCI) reported a 11.6 percent rise in consolidated revenue for the fourth quarter of FY2026, reaching ₹13.36 billion compared to ₹11.97 billion in the corresponding period last year, as the company expanded its multimodal logistics and supply chain operations across sectors including FMCG, e-commerce, renewables and consumer durables.

The company’s consolidated EBITDA for the quarter stood at ₹1.74 billion, up 7.4 percent from ₹1.62 billion recorded in Q4 FY2025. Profit after tax increased 8.7 percent to ₹1.25 billion from ₹1.15 billion in the year-ago quarter.

For the full financial year ended March 31, 2026, TCI posted consolidated revenue of ₹49.65 billion, registering growth of 9.4 percent against ₹45.38 billion in FY2025. EBITDA for the year rose to ₹6.5 billion from ₹5.97 billion, while profit after tax increased 10.6 percent to ₹4.6 billion from ₹4.16 billion.

On a standalone basis, TCI reported quarterly revenue of ₹11.4 billion for Q4 FY2026, up 11.7 percent from ₹10.21 billion in the corresponding quarter last year. EBITDA rose 9.8 percent to ₹1.46 billion, while profit after tax climbed 12.1 percent to ₹1.02 billion.

For the full year, standalone revenue reached ₹43.53 billion compared to ₹40.59 billion in FY2025, reflecting growth of 7.2 percent. EBITDA stood at ₹6.09 billion against ₹5.6 billion, while profit after tax increased to ₹4.44 billion from ₹3.96 billion.

Commenting on the results, Vineet Agarwal, Managing Director of TCI, said, “Q4 FY2026 reflected TCI’s steady execution and disciplined operations in a dynamic business environment. Our diversified portfolio, integrated multimodal capabilities and customer-led approach continued to strengthen our market position.”

Agarwal said the company witnessed traction across warehousing, multimodal movement and sector-specific logistics solutions. He added that TCI’s third-party logistics, cold chain and warehousing offerings were serving customers across FMCG, consumer durables, renewables, e-commerce and quick commerce segments.

The company said momentum across rail, road and coastal shipping operations was being supported by investments in warehouses, hubs, trucks and rail car carriers. TCI also said it was exploring electric trucks as part of its green logistics initiatives.

Agarwal added, “Looking ahead, we remain focused on leveraging our investments in technology, multimodal infrastructure, green logistics and strategic partnerships to create enduring value for our customers, communities and shareholders.”

TCI said its logistics network includes more than 16 million square feet of warehousing space and operations spanning surface transport, supply chain management, coastal shipping, cold chain logistics, chemical logistics, rail-road multimodal services and express distribution.

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