2025-01-27 15:49:00 :
Mumbai, Jan 27 (PTI) Multi-modal logistics company Travel Corporation of India (TCI) on Monday reported 27.3% year-on-year growth in consolidated profit after tax ₹102 crore in the three months ended December 2024, which was driven by strong demand for warehouses, temperature-controlled logistics and green multi-modal solutions from third-party logistics (3PL).
The company recorded a ₹8.02 billion in the October-December period of the previous fiscal year.
TCI said quarterly high line growth for the quarter was 14.1% ₹1,153.90 Crore ₹101.15 billion in the December quarter clock of FY24.
EBITDA (earnings before interest, depreciation, taxes and amortization) for Q3FY25 ₹147.8 Crore from ₹In Q3 FY24, TCI said $12.76 billion grew 15.8% year-over-year.
Vineet Agarwal said, “The company has strengthened its market position and is seeing surge in demand for 3PL green multi-modal solutions for warehouses and temperature control. At TCI.
“In addition, our diversified products targeting emerging areas such as renewable energy, chemicals, fast commerce and consumer electronics have also expanded in response to growing market opportunities,” he added.
Agarwal said TCI expects a strong order pipeline in the coming quarters with resumption of private consumption, infrastructure spending and resumption of economic activities in the rural economy.
He further said that to sustain its momentum and drive future growth, TCI strategically invests in technology, talent and specialized logistics assets including warehouses, automation, railways, containers, containers and vessels.
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