Transport Corporation of India Ltd. (TCI), India’s leading integrated multimodal logistics and supply chain solutions provider, has announced its financial results for the first quarter ended June 30, 2026.
Financial Highlights – Q1 FY2027:
• Revenue: TCI reported consolidated revenue of ₹12,548 million, registering a growth of 9.1% compared to ₹11,506 million in the corresponding period last year.
• EBITDA: Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) stood at ₹1,599 million, up 5.2% from ₹1,520 million in Q1 FY2026.
• Profit After Tax (PAT): PAT declined marginally by 0.6% to ₹1,066 million from ₹1,072 million in the corresponding quarter of the previous year.
Commenting on the results, Mr. Vineet Agarwal, Managing Director, Transport Corporation of India Ltd., said: “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. However, the impact of the war on sectors such as chemicals, tiles and packaging was visible. Despite this, our diversified multimodal operating model and pan-India branch network enabled us to maintain operational stability during 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-market recovery reflected only a short timing lag. We remain focused on maintaining margin discipline, ensuring efficient cost pass-through and improving asset productivity across our network.
“Looking ahead, we 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.”
