Transport Corporation of India Ltd., India’s largest integrated supply chain and logistics solutions provider, released today its financial results for the fourth quarter and fiscal year ending March 31, 2023. Team TCI is achieving customer value through solutions-based approaches. Team TCI is providing rail and coastal multimodal services in India and neighboring countries, focusing on savings in GHG emissions.
Standalone; Performance Highlights: FY2023 vs. FY2022 were Revenue from operations of Rs. 3492 Crores, 18.96% y-o-y growth, EBITDA of Rs. 468 Crores, PAT of Rs. 304 Crores, 13.49% growth. Consolidated; Performance Highlights: FY2023 vs. FY2022 were 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.
Commenting on the results, Mr. Vineet Agarwal, Managing Director TCI Group said, TCI continues to achieve customer value through a solutions-based approach in India and the neighbouring countries. Our rail and coastal multimodal services witnessed growing demand with GHG emissions savings as a clear goal. The implementation of control towers, ULIP integration and various other digital transformation initiatives have enhanced our service offerings.
