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
| Performance Highlights: Q2/FY2026 vs. Q2/FY2025 Consolidated (In ₹ Mn.) | Performance Highlights: 6M/FY2026 vs. 6M/FY2025 Consolidated (In ₹ Mn.) | ||||||
| Particulars | 30.09.2025 | 30.09.2024 | Growth % | Particulars | 30.09.2025 | 30.09.2024 | Growth % |
| Revenue | 12174 | 11314 | 7.6% | Revenue | 23680 | 21874 | 8.3% |
| EBIDTA | 1624 | 1519 | 6.9% | EBIDTA | 3144 | 2877 | 9.3% |
| PAT | 1135 | 1073 | 5.8% | PAT | 2207 | 1989 | 11.0% |
Standalone
| Performance Highlights: Q2/FY2026 vs. Q2/FY2025 Standalone (In ₹ Mn.) | Performance Highlights: 6M/FY2026 vs. 6M/FY2025 Standalone (In ₹ Mn.) | ||||||
| Particulars | 30.09.2025 | 30.09.2024 | Growth % | Particulars | 30.09.2025 | 30.09.2024 | Growth % |
| Revenue | 10652 | 10120 | 5.3% | Revenue | 20990 | 19959 | 5.2% |
| EBIDTA | 1303 | 1228 | 6.1% | EBIDTA | 2932 | 2675 | 9.6% |
| PAT | 878 | 825 | 6.4% | PAT | 2120 | 1872 | 13.2% |
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 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.”
