| Metric | Value (₹ Cr) | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue | 1.2K | 3.6% | 8.9% |
| Total Income | 1.3K | 3.6% | 9.3% |
| Expenditure | 1.2K | 4.0% | 24.9% |
| PBT | 101.20 | 1.6% | 13.8% |
| Net Profit | 115.80 | 2.0% | 13.4% |
| OPM | 10.17% | 0.35pp | 6.19pp |
| NPM | 9.18% | 0.14pp | 2.28pp |
| EPS | 14.96 | 1.8% | 14.7% |
Transport Corporation of India Ltd Announces 9.3% Revenue Growth in Q3 FY2026
04 Feb 2026 · 4 Feb, 9:33 pm
Summary
Transport Corporation of India Ltd (TCI), India’s leading integrated multimodal logistics and supply chain solutions provider, announced its financial results for the third quarter and nine months ended December 31, 2025. The company reported a consolidated revenue of 12609 Mn, marking a growth of 9.3% compared to 11539 Mn in the same period last year. The EBITDA stood at 1616 Mn, a 9.3% increase from 1478 Mn in Q3/FY2025. The Profit after Tax (PAT) rose by 13.4% to 1158 Mn, compared to 1021 Mn in the corresponding quarter of the previous year.
Key Highlights
- 1
Revenue: 12609 Mn, up 9.3% YoY
- 2
EBITDA: 1616 Mn, up 9.3% YoY
- 3
PAT: 1158 Mn, up 13.4% YoY
- 4
Standalone Performance Highlights: Revenue 11132 Mn, EBITDA 1699 Mn
- 5
Transport Corporation of India Ltd remains focused on disciplined capital allocation, operational excellence and long-term value creation aligned with India’s growth trajectory
Management Comments
Mr. Vineet Agarwal
MD - TCl
Quarter 3 reflected the inherent seasonality of the logistics business, supported by festive-led demand which led to positive traction across automotive, FMCG and MSME-driven integrated logistics solutions. While the initial phase of GST 2.0 led to short-term disruption, the subsequent clarity resulted in a sharp pickup in movements, particularly in finished goods and inventory rebalancing. Automotive, along with consumer durables, pharmaceuticals and e-commerce, emerged as key growth drivers during the quarter, supported by record road and rail volumes and improved warehousing utilisation. Our ability to navigate this volatility underscores the resilience of TCI’s diversified operating model, dense branch network and strong execution capabilities, enabling us to respond swiftly to demand fluctuations while maintaining margin discipline.
Informational and educational content only. Not investment advice.