TCI Announces Strong Growth in Q2 FY2026 Financial Results

Gurugram, – Transport Corporation of India Ltd. (TCI), India’s leading integrated multimodal logistics and supply chain solutions provider, today announced its financial results for the second quarter ended September 30, 2025.

Financial Highlights for Q2/FY2026:

– Revenue: TCI reported a consolidated revenue of ₹12174 Mn, marking a growth of 8% compared to ₹11314 Mn in the same period last year.

– EBITDA: The Company’s Earnings before Interest, Taxes, Depreciation, and Amortization (EBITDA) stood at ₹1624 Mn, a 7% increase from ₹1519 Mn in Q2/FY2025.

– Profit after Tax (PAT): PAT rose by 6% to ₹1135 Mn, compared to ₹1073 Mn in the corresponding quarter of the previous year.

Consolidated

Standalone

Management Commentary

Commenting on the Q2FY2026 performance, Mr. Vineet Agarwal, MD – TCI, said:

“We are pleased to report a steady Q2 performance, driven by strong demand across auto, FMCG and consumer durables, reflecting the strength of our strategy, operational efficiency, and effective execution. All product segments/divisions have performed satisfactorily.

The implementation of GST 2.0 has brought much-needed clarity in compliance and simplified taxation, enabling smoother logistics operations. Early signs of improved affordability and faster fulfilment are already visible, further supported by festive season demand across key consumption categories.

In response to this uptick, we expanded our warehousing footprint and continued to invest in automation, smart multimodal assets. Our rail and coastal multimodal Logistics offering continues to scale up, delivering efficient, high-capacity, and green logistics across long-haul routes.

On the sustainability front, we continue to invest in our green fleet by piloting alternative fuel technologies, while progressing on broader initiatives such as clean energy adoption, waste management systems, and modal shift strategies. The TCI-IIM Bangalore lab is making significant progress in its contribution to the Transport & Logistics industry. A major milestone was achieved as the Lab’s Transportation Emissions Measurement Tool (TEMT), developed under the TCI–IIM Bangalore initiative, has now been formally adopted by the Department for Promotion of Industry and Internal Trade (DPIIT) and is hosted on its official website (https://dpiit.freightemissions.com/.

As India’s logistics landscape evolves rapidly, TCI remains committed to delivering integrated, tech-enabled, and environmentally sustainable supply chain solutions.”

About Group TCI: Group TCI, with revenues of over Rs. 7000 Cr is India’s leading integrated supply chain and logistics solutions provider. TCI group with expertise developed over 6 decades has an extensive network of company owned offices, 16+ Mn. sq. ft. of warehousing space and a strong team of trained employees. With its customer-centric approach, world class resources, state-of-the-art technology and professional management, the group follows strong corporate governance and is committed to value creation for its stakeholders and social responsibilities. TCI has been the first to launch several solutions in the logistics field. Its product offering includes:

TCI Freight: India’s leading surface transport entity. This division is fully equipped to provide total transport solutions for cargo of any dimension or product segment. It transports cargo on FTL (Full truck load)/ LTL (Less than truck load)/ Small packages and consignments/ Over Dimensional cargo.

TCI Supply Chain Solutions: TCI SCS is a single window enabler of integrated supply chain solutions right from conceptualization and designing the logistics network to actual implementation. The core service offerings are Supply Chain Consultancy, Inbound Logistics, Warehousing / Distribution Centre Management & Outbound Logistics.

TCI Seaways: TCI Seaways is well equipped with six ships in its fleet and caters to the coastal cargo requirements for transporting containers and bulk cargo. Being the pioneers in multimodal coastal shipping and container cargo movement and transportation services, TCI Seaways connects India with its western, eastern, and southern ports.

TCI Chemlog Pvt. Ltd.: Offers End-to-end integrated, secure and compliant solutions for transporting hazardous and non-hazardous chemicals in solid, liquid, and gaseous forms for diverse industries including pharma, agro-chem, petro-chem, dyes & paints, speciality chemicals, healthcare and others. Backed by certified storage and a multimodal fleet—ISO tanks, gas tankers and flexi tanks—it ensures safe, efficient movement via road, rail, and coastal routes, with strict adherence to safety and regulatory standards.

TCI Cold Chain Solutions Ltd.: Integrated cold chain service provider to meet the needs of temperature-controlled warehousing and distribution services. The facility caters to the needs of various industries such as agriculture products, processed foods, life sciences, healthcare and specialty chemicals, among others.

TCI CONCOR Multimodal Solutions Pvt. Ltd.: An end-to-end multimodal logistics solutions provider, it is a joint venture between TCI and Concor. This segment synergises the strengths, infrastructure and capabilities of TCI Group with rail infrastructure of Concor. It establishes a cost-effective integrated rail-road service.

Transystem: Transystem Logistics International Pvt Ltd. (TLI), a JV between TCI and Mitsui & Co., carved its niche by offering high quality integrated logistics solutions to Japanese Automotive Manufacturers and Suppliers in India. TLI offers a wide range of services like IBL for Production Parts (Just-In-Time basis) OBL, Warehousing, Spare Parts delivery (After Sales Service), CKD container transportation etc.

TCI Express Ltd: A leading express distribution specialist that offers a single window door-to-door & time definite solution for customers’ express requirements

TCI Developers Ltd: It undertakes development of large modern Warehouses, Logistics Parks etc.

TCI Foundation: TCI Foundation, the social arm of Transport Corporation of India Limited (TCI), endeavours to support & assist lesser privileged communities in India by facilitating Health Services, Education, Community and Sports Development. TCI Foundation is associated with Government of India, State Governments, International Organizations, Public Sector Undertakings and Corporates of repute to deliver the quality controlled CSR activities in India.