Transport Corporation of India Ltd's Q3FY25 Quarter Results
- 26 Jan 2025
Result Summary
- Transport Corporation of India Ltd reported a 2.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 14.1%.
- Its expenses for the quarter were up by 2.7% QoQ and 13.5% YoY.
- The net profit decreased 4.8% QoQ and increased 27.3% YoY.
- The earnings per share (EPS) of Transport Corporation of India Ltd stood at 13 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 1153.90 | 1131.40 | 1011.50 | 2.0% | 14.1% |
Total Expenses | 1065.00 | 1037.40 | 938.70 | 2.7% | 13.5% |
Profit Before Tax | 88.90 | 94.00 | 72.80 | -5.4% | 22.1% |
Tax | 9.30 | 10.90 | 10.80 | -14.7% | -13.9% |
Profit After Tax | 102.10 | 107.30 | 80.20 | -4.8% | 27.3% |
Earnings Per Share | 13.00 | 13.70 | 10.20 | -5.1% | 27.5% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Transport Corporation of India Ltd (TCI) is a prominent player in the logistics and transportation industry in India. The company offers a diverse range of services, including freight transportation, supply chain solutions, warehousing, and shipping. TCI is known for its extensive network across the country and its ability to provide integrated logistics solutions. The company operates in a dynamic industry that is critical to the movement of goods and services, impacting various sectors of the economy. While specific recent major developments weren't detailed in the provided data, TCI continues to leverage its infrastructure and expertise to cater to a broad client base, maintaining its position as a leader in the Indian logistics sector.
Revenue
In the third quarter of the fiscal year 2025, Transport Corporation of India Ltd reported a total income of ₹1153.90 crores. This represents a 2.0% increase compared to the previous quarter's total income of ₹1131.40 crores. On a year-over-year basis, the company experienced a 14.1% growth in total income compared to ₹1011.50 crores in the third quarter of the previous fiscal year. This consistent upward trend in revenue highlights the company's ability to generate increased income over both short-term and long-term periods, reflecting its operational capacity and market presence.
Profitability
For Q3FY25, the company recorded a profit before tax of ₹88.90 crores, which is a decrease of 5.4% from the previous quarter's figure of ₹94.00 crores. However, when compared to the same quarter in the previous year, there was a notable increase of 22.1%, up from ₹72.80 crores. The profit after tax for the quarter stood at ₹102.10 crores, marking a decrease of 4.8% from ₹107.30 crores in Q2FY25 but showing a significant increase of 27.3% year-over-year compared to ₹80.20 crores in Q3FY24. The earnings per share followed a similar pattern, decreasing by 5.1% quarter-over-quarter to ₹13.00 from ₹13.70, while increasing by 27.5% year-over-year from ₹10.20.
Operating Metrics
The total expenses for TCI in Q3FY25 amounted to ₹1065.00 crores, reflecting a 2.7% increase from ₹1037.40 crores in Q2FY25, and a 13.5% increase from ₹938.70 crores in Q3FY24. The tax expense for the quarter was ₹9.30 crores, which decreased by 14.7% from the previous quarter's expense of ₹10.90 crores and by 13.9% from the previous year's corresponding quarter's tax of ₹10.80 crores. These operating metrics illustrate the company's cost structure and tax obligations over different periods, providing insights into its financial management strategies and operational efficiencies.
