India’s leading integrated supply chain and logistics solutions provider, Transport Corporation of India Ltd., announced its financial results for the 4th Quarter and year ending 31st March, 2023. Standalone; Performance Highlights: FY2023 saw a 16.36% growth in revenue from operations, EBITDA of Rs. 495 crores, and PAT of Rs. 321 crores, compared to Rs. 293 crores in FY2022. Consolidated saw a 16.36% growth in revenue from operations, EBITDA of Rs. 495 crores, and PAT of Rs.321 crores.
Team TCI is achieving value for customers through a solutions-based approach in India and neighbouring countries. Digital transformation initiatives such as control towers, ULIP integration and other initiatives have improved our service offerings, aiming to reduce GHG emissions. Mr. Vineet Agarwal, Managing Director TCI Group said, ‘The uptrend in the mobility sector, continued government and private capex and steady consumption trends have helped all our businesses’.
India’s economy is stable due to investments in infrastructure projects, with FTAs and PLI schemes boosting exports and manufacturing. TCI is committed to playing its role by investing in ships, trains, containers, and green warehousing.
