January 21, 2025 05:20 am (IST)

Make this your homepage

All Finance

Donald Trump sworn in as 47th president of United States | Kolkata court sentences convict Sanjoy Roy to life imprisonment in RG Kar rape-murder case | Supreme Court stays proceedings against Rahul Gandhi in defamation case over remarks against Amit Shah and BJP | Invasion of our borders will come to a halt: Donald Trump promises crackdown on immigration ahead of inauguration | Kolkata court convicts civic volunteer Sanjoy Roy in RG Kar rape-murder case | Saif was stabbed repeatedly, he tried to protect Taimur and Jeh: Kareena Kapoor Khan records statement with police | Escaped death by 20-25 minutes: Sheikh Hasina alleges opposition wanted to kill her | Cabinet's decision on 8th Pay Commission will improve quality of life, give boost to consumption: PM Modi | 'It has been an incredibly challenging day': Kareena Kapoor Khan requests privacy after Saif Ali Khan's stabbing incident | 'Distorting history': Mamata slams Mohan Bhagwat over his Ram Temple consecration 'marking true independence' remark

Transport Corporation of India Ltd's half yearly PAT increases by 12.6 % to Rs 42.1 Cr from Rs 37.4 Cr

India Blooms News Service | | Oct 29, 2015, at 01:06 am

#Transport Corporation of India Ltd # half yearly # PAT

Kolkata, Oct 28 (IBNS): Transport Corporation of India Ltd., an integrated supply chain and logistics solutions provider, on Wednesday announced its financial results for the second quarter ended September 30, 2015.

Revenue growth is subdued due to poor economic conditions. EBIDTA for this Half Year stands at 8.60% as against 8.18% in corresponding period last year and profit after tax has also shown a consistent growth.

Commenting on the results, Vineet Agarwal, Managing Director, TCI said, “We attribute this half year’s performance to our constant focus on changing our product mix towards high value added businesses. We have seen significant traction in demand for our services in the fast growing sectors like Air Cargo, LTL (less than truck Load), warehousing and e-commerce.”

TCI has significantly expanded its e-fulfillment capabilities with a capacity of handling 150,000 unique orders a day. TCI’s recent expansion in the coastal shipping services on the West coast of India has registered a good response.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.

India
International

Related Images

Veedol signs former Indian skipper Sourav Ganguly as brand ambassador Jun 29, 2024, at 06:38 am

In Images: Glimpses from Bengali film Fatafati's premiere May 13, 2023, at 08:39 pm

Gautam Adani meets Bangladesh PM Sheikh Hasina Sep 06, 2022, at 06:46 am