TCI reports 9% revenue growth in Q1 FY2027
TCI's Q1 FY27 revenue rises 9.1% YoY to ₹12.5 bn, even as PAT dips amid rising fuel costs.
Transport Corporation of India Ltd. (TCI), India's integrated multimodal logistics and supply chain solutions provider, announced its financial results for the first quarter ended June 30, 2026, reporting a 9.1% year-on-year rise in consolidated revenue to ₹12.5 billion from ₹11.5 billion in the same period last year. The Gurugram-based company's results were announced on July 30.
Consolidated EBITDA for the quarter stood at ₹1.599 billion, up 5.2% from ₹1.52 billion in Q1 FY2026. Profit after tax, however, dipped 0.6% to ₹1.066 billion, compared to ₹1.072 billion in the corresponding quarter of the previous year.
On a standalone basis, revenue grew 7.5% year-on-year to ₹11.1 billion from ₹10.3 billion, while EBITDA rose 1.6% to ₹1.655 billion from ₹1.629 billion. Standalone PAT fell 3.5% to ₹1.198 billion from ₹1.242 billion a year earlier.
Vineet Agarwal, Managing Director, Transport Corporation of India Ltd. commented, TCI delivered a steady Q1 performance, with revenue and profitability broadly in line with expectations. Automotive, Consumer goods and quick-commerce related fulfilment continued to provide healthy traction. The impact of war on certain sectors like Chemicals, Tiles, packaging was visible. However, our diversified multimodal operating model and Pan-India branch network enabled us to maintain operational stability through the quarter.
Higher diesel and bunker fuel prices resulted in some cost pressure during the quarter; however, our contractual escalation mechanisms continued to protect the majority of our contracted business, while spot recovery reflected only a short timing lag. We remain focused on margin discipline, efficient cost pass-through and improving asset productivity across our network.
Looking ahead, he said, they expect demand to strengthen as the festive season approaches, supported by improving market momentum and seasonal consumption trends. We are also accelerating our investments in technology and AI-led capabilities to enhance forecasting, route optimisation and automation, which will further strengthen service quality, cost efficiency and sustainability across the organisation.
