GURUGRAM : Transport Corporation of India Ltd. (TCI), India’s leading integrated multimodal logistics and supply chain solutions provider, today announced its financial results for the quarter and half year ended September 30, 2026.
Financial Highlights for Q2/FY2027:
- Revenue: TCI reported a consolidated revenue of ₹13,979 Mn, marking a growth of 14.8% compared to ₹12,174 Mn in the same period last year.
- EBITDA: The Company’s Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) stood at ₹1,759 Mn, an 8.3% increase from ₹1,624 Mn in Q2/FY2026.
- Profit after Tax (PAT): PAT increase by 3% to ₹1,169 Mn, compared to ₹1,135 Mn in the corresponding quarter of the previous year.
| Consolidated | Standalone | ||||||
| Performance Highlights: Q2/FY2027 vs. Q2/FY2026 Consolidated (In ₹ Mn.) | Performance Highlights: Q2/FY2027 vs. Q2/FY2026 Standalone (In ₹ Mn.) | ||||||
| Particulars | 30.09.2026 | 30.09.2025 | Growth % | Particulars | 30.09.2026 | 30.09.2025 | Growth % |
| Revenue | 13,979 | 12,174 | 14.8% | Revenue | 11,964 | 10,652 | 12.3% |
| EBITDA | 1,759 | 1,624 | 8.3% | EBITDA | 1,429 | 1,303 | 9.7% |
| PAT | 1,169 | 1,135 | 3.0% | PAT | 917 | 878 | 4.4% |
| Consolidated | Standalone | ||||||
| Performance Highlights: 6M/FY2027 vs. 6M/FY2026 Consolidated (In ₹ Mn.) | Performance Highlights: 6M/FY2027 vs. 6M/FY2026 Standalone (In ₹ Mn.) | ||||||
| Particulars | 30.09.2026 | 30.09.2025 | Growth % | Particulars | 30.09.2026 | 30.09.2025 | Growth % |
| Revenue | 26,527 | 23,680 | 12.0% | Revenue | 23,080 | 20,990 | 10.0% |
| EBITDA | 3,358 | 3,144 | 6.8% | EBITDA | 3,084 | 2,932 | 5.2% |
| PAT | 2,235 | 2,207 | 1.3% | PAT | 2,115 | 2,120 | -0.2% |
Management Commentary
Mr. Vineet Agarwal, Managing Director, Transport Corporation of India Ltd. commented, as India’s consumption and trade flows expand, TCI’s integrated model of road, rail, coastal, warehousing and technology continues to prove its strength. A diversified portfolio, deep customer relationships and reliable, technology-led supply-chain solutions at scale are helping us serve customers as their needs evolve.
We are seeing healthy traction across 3PL, warehousing and multimodal logistics, with rail, road and coastal movement enabling efficient, lower-emission long-haul transportation. Our expanding network of warehouses and hubs positions us well for fast-growing channels such as e-commerce, quick commerce and omni-channel retail.
Technology remains at the core of how we grow. Through ULIP-enabled digital integration, we are giving customers real-time visibility and data-driven supply-chain solutions, while scaling AI-led forecasting, route optimisation and automation to improve service quality, asset productivity and cost efficiency.
As festive-season demand builds across consumption-led sectors, we see a constructive outlook for the coming quarters. TCI will keep investing in multimodal infrastructure, digital capabilities and green logistics to create lasting value for our customers and stakeholders.
About TCI : TCI Group, with revenues of over Rs. 7000 Cr is India’s leading integrated supply chain and logistics solutions provider. TCI group with expertise developed over 6 decades has an extensive network of company owned offices, 17+ Mn. sq. ft. of warehousing space and a strong team of trained employees. With its customer-centric approach, world class resources, state-of-the-art technology and professional management, the group follows strong corporate governance and is committed to value creation for its stakeholders and social responsibilities.
TCI has been the first to launch several solutions in the logistics field. Its product offering includes:
TCI Freight: India’s leading surface transport entity. This division is fully equipped to provide total transport solutions for cargo of any dimension or product segment. It transports cargo on FTL (Full truck load)/ LTL (Less than truck load)/ Small packages and consignments/ Over Dimensional cargo.
TCI Supply Chain Solutions: TCI SCS is a single window enabler of integrated supply chain solutions right from conceptualization and designing the logistics network to actual implementation. The core service offerings are Supply Chain Consultancy, Inbound Logistics, Warehousing / Distribution Centre Management & Outbound Logistics.
TCI Seaways: TCI Seaways is well equipped with six ships in its fleet and caters to the coastal cargo requirements for transporting containers and bulk cargo. Being the pioneers in multimodal coastal shipping and container cargo movement and transportation services, TCI Seaways connects India with its western, eastern, and southern ports.
TCI Chemlog Pvt. Ltd.: Offers End-to-end integrated, secure and compliant solutions for transporting hazardous and non-hazardous chemicals in solid, liquid, and gaseous forms for diverse industries including pharma, agro-chem, petro-chem, dyes & paints, speciality chemicals, healthcare and others. Backed by certified storage and a multimodal fleet—ISO tanks, gas tankers and flexi tanks—it ensures safe, efficient movement via road, rail, and coastal routes, with strict adherence to safety and regulatory standards.
TCI Cold Chain Solutions Ltd.: Integrated cold chain service provider to meet the needs of temperature-controlled warehousing and distribution services. The facility caters to the needs of various industries such as agriculture products, processed foods, life sciences, health care and specialty chemicals, among others.
TCI CONCOR Multimodal Solutions Pvt. Ltd.: An end-to-end multimodal logistics solutions provider, it is a joint venture between TCI and Concor. This segment synergises the strengths, infrastructure and capabilities of TCI Group with rail infrastructure of Concor. It establishes a cost-effective integrated rail-road service.
Transystem: Transystem Logistics International Pvt Ltd. (TLI), a JV between TCI and Mitsui & Co., carved its niche by offering high quality integrated logistics solutions to Japanese Automotive Manufacturers and Suppliers in India. TLI offers a wide range of services like IBL for Production Parts (Just-In-Time basis) OBL, Warehousing, Spare Parts delivery (After Sales Service), CKD container transportation etc.
TCI Express Ltd: A leading express distribution specialist that offers a single window door-to-door & time definite solution for customers’ express requirements
TCI Developers Ltd: It undertakes development of large modern Warehouses, Logistics Parks etc.
TCI Foundation: TCI Foundation, the social arm of Transport Corporation of India Limited (TCI), endeavours to support & assist lesser privileged communities in India by facilitating Health Services, Education, Community and Sports Development. TCI Foundation is associated with Government of India, State Governments, International Organizations, Public Sector Undertakings and Corporates of repute to deliver the quality controlled CSR activities in India.





