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LOGISTICS FIRM TCI
TCI Q1 results: Net profit up 10% to Rs 92 croreThe Transport Corporation of India (TCI) reported a 10% increase in consolidated profit after tax, reaching Rs 91.6 crore for the quarter e...- After NLP launch, ICICI Direct bullish on logistics space, lists 4 top picksSo, as the NLP looks to reduce logistics cost from the current 13-14% to sub 10% and there are seen multiple benefits unfolding from the re...
- TCI Express Q1 net profit grows over 30 pc to Rs 31 croreIn a separate statement, Chander Agarwal, Managing Director, TCI Express said: "We recorded another quarter of strong performance. This gro...
- TCI profit rises Rs 77 crore in June quarterEBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) stood at Rs 115 crore in the April-June quarter as compared to Rs 8...
- Jefferies now covers TCI Express, rates it a buyThe company is debt-free and its strong compounded earnings growth with a high return on equity should drive upside from current levels, sa...
- TCI Express Q3 results: Net profit grows 4.5% to Rs 35 crTotal income from operations rose to Rs 288.99 crore from Rs 264.16 crore a year ago.
- Logistics firm TCI Express conducts drone delivery trials; plans to expedite drone deliveries by FY22-endThe MD said the company has already defined a corpus for this pilot project which will be utilised towards setting up infrastructure. More ...
- TCI Express Q1 results: PAT jumps multi-fold to Rs 24 croreTotal income from operations rose to Rs 224.56 crore, from Rs 90 crore in April-June period of the preceding financial year.
- TCI Express says 'supplied' 20 lakh Covid vaccine doses across country"Last year, TCI Express tied up with the Ministry of Health and Family Welfare for the distribution of vaccines. The company is regularly t...
- TCI Express shares zoom after company posts strong Q4 resultsIt rallied 15.57 per cent to Rs 1,245.10 -- its 52-week high -- on BSE.
- TCI Express Q3 results: Net profit rises 32% to Rs 34 crThe company had posted a net profit of Rs 25.54 crore in the corresponding quarter of the previous financial year, TCI Express said in a BS...
- Estranged family of Gati promoter want board reconstitutedBrothers Dhruv and Manish with their mother Neera Agarwal approached the Hyderabad bench of the NCLT seeking tribunal’s intervention in the...
- Logistics stocks rally up to 5% as GST hope revivesAnalysts believe road transport operators are likely to see the highest positive impact from GST implementation.
- Transport Corporation of India incorporates a wholly-owned subsidiary in Bangladesh"Company have successfully incorporated a wholly-owned subsidiary by the name, 'TCI Bangladesh Limited' in Bangladesh," the company said in...
- Transport Corporation of India in pole position to gain from ecommerce boom, GSTIts vast network of 1,400 branches, 10.5 million square feet warehouses and 9,000 owned and managed trucks makes it difficult to emulate.
- TCI board approves Express Distribution division's demergerTCI said its board has approved the demerger of its Express Distribution division undertaking into wholly-owned subsidiary TCI Express Ltd.
- Transport industry seek clarity on tax deducted at source rulesTransporters unable to understand if 2% tax applies to truck owners or to those plying the heavy vehicles without owning them
- TCI's investment in high-margin businesses makes its stock outperformTCI is one of the few logistics firms whose profit has not fallen in the past few quarters. As a result, its stock has outperformed rivals ...
- TCI to sell 10% stake to fund growth plansTCI, one of India’s largest logistics operators, is all set to dilute promoter holding by about 10% to raise capital for its expansion plan.
- Fidelity acquires 7% in TCI for Rs 53 crFidelity Investments International has picked up a 7% stake in Transport Corporation of India (TCI), the Delhi-based express logistics comp...
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