Kolkata, July 26 (IBNS): Transport Corporation of India Ltd. (TCI), India’s leading integrated supply chain and logistics solutions provider, on Thursday declared its financial results for the Quarter ended June 30, 2012.
During the quarter ended June 30, 2012, the Company achieved revenues to the tune of Rs. 458.69 Cr at a growth rate of 10.26% as compared to Rs. 416.01 for the quarter ended June 30, 2011.
The EBIDTA increased from Rs. 34.45 Cr to Rs. 38.31 Cr and in percentage terms was 8.35% as against 8.28% during corresponding quarter last year. PAT for the quarter stood at Rs. 13.58 Cr slightly up from Rs. 13.44 Cr over the corresponding quarter of the previous year.
D. P. Agarwal, Vice Chairman & Managing Director, TCI said: “Besides reasonable top line growth under the prevailing subdued economic scenario, the Company has been able to achieve improved EBIDTA margin. We expect the next few months to be challenging.”