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Transport Corporation of India Ltd. (TCI) reported a strong financial performance for the second quarter of FY2026, reflecting consistent growth across revenue, EBITDA, and profit after tax. Consolidated revenue grew by 8% year-on-year, supported by steady demand in the automotive, FMCG, and consumer durables sectors. The company attributed the results to its strategic focus on multimodal logistics, automation investments, and expanding warehousing capacity, alongside ongoing sustainability initiatives such as alternative fuel adoption and clean energy integration.
Transport Corporation of India Ltd. (TCI), one of India's leading multimodal logistics and supply chain solution providers, announced its financial results earlier this week for the second quarter of FY2026. The company reported a consolidated revenue of INR 12,174 Mn, reflecting an 8% increase compared with INR 11,314 Mn recorded during the same quarter last year. Advertisement
Earnings before interest, taxes, depreciation, and amortisation (EBITDA) stood at INR 1,624 Mn, marking a 7% rise from INR 1,519 Mn in the corresponding period of FY2025. Profit after tax (PAT) grew by 6% to INR 1,135 Mn, as against INR 1,073 Mn a year earlier.
On a six-month consolidated basis, revenue increased by 8.3% to INR 23,680 Mn, while EBITDA rose by 9.3% to INR 3,144 Mn. Profit after tax showed a double-digit growth of 11%, reaching INR 2,207 Mn compared with INR 1,989 Mn for the same period in the previous financial year.
For standalone performance, TCI recorded a 5.3% year-on-year revenue growth, achieving INR 10,652 Mn during the quarter, with EBITDA at INR 1,303 Mn, up by 6%. Profit after tax increased by 6.4% to INR 878 Mn. On a half-yearly basis, standalone revenue stood at INR 20,990 Mn, up by 5.2%, while EBITDA rose to INR 2,932 Mn and PAT reached INR 2,120 Mn, reflecting growth of 9.6% and 13.2%, respectively.
Commenting on the company's performance, Vineet Agarwal, Managing Director of TCI, mentioned that the quarter reflected steady progress driven by strong demand across the automotive, FMCG, and consumer durables sectors. He noted that all business divisions had performed satisfactorily, supported by efficient operations and the company's focused strategic execution.
Agarwal further observed that the implementation of GST 2.0 had streamlined compliance and simplified taxation, which enhanced logistics efficiency. He added that improved affordability and faster fulfilment were becoming evident, aided by festive season demand in key consumption segments.
In line with rising demand, TCI expanded its warehousing capacity and continued investing in automation and smart multimodal logistics assets. The company's rail and coastal logistics solutions continued to gain traction, offering high-capacity, sustainable, and long-haul transport options.
On the sustainability front, TCI has been strengthening its green logistics agenda through the introduction of alternative fuel technologies and other environmentally responsible practices such as renewable energy adoption and waste management initiatives. The company's collaboration with the Indian Institute of Management Bangalore (IIMB) under the TCI-IIM Bangalore Lab achieved a key milestone recently, as the initiative was formally recognised by the Department for Promotion of Industry and Internal Trade (DPIIT) and featured on its official platform.
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