Transport Corp Q2 results: Net profit up 5.8% on higher freight volumes

Transport Corporation of India Ltd (TCI) on Wednesday reported a 5.8% rise in second-quarter profit, helped by higher freight movement and steady operational performance.The company’s net profit rose to ₹113 crore for the three months ended Sept 30, from ₹106 crore a year earlier.

Revenue from operations climbed 7.5% year-on-year to ₹1,204 crore, while EBITDA rose 7.9% to ₹126.8 crore, with margins steady at 10.5% versus 10.4% last year.

Managing Director Vineet Agarwal said the performance reflected “strong demand across auto, FMCG, and consumer durables,” and credited the company’s “strategy, operational efficiency, and effective execution” for the resilience.He added that the implementation of GST 2.0 brought “much-needed clarity in compliance and simplified taxation,” helping streamline logistics operations and boost affordability and delivery speed.

TCI said it expanded its warehousing footprint and continued to invest in automation and smart multimodal assets, including its rail and coastal logistics network, which has scaled up as part of its “green logistics” strategy.

The company also highlighted ongoing investments in a green fleet, including pilots of alternative fuel technologies, and initiatives such as clean energy adoption and waste management.

Transport Corporation of India, one of the country’s largest integrated logistics players, has benefited from strong domestic trade momentum and government-led infrastructure spending. Its shares have gained nearly 12.5% in the last six months, outperforming the broader Nifty 50, which has risen about 7%.