Transport Corporation of India posts 27% profit growth in Q3 FY2025 amid strong logistics demand

Transport Corporation of India Ltd. (TCI), India’s premier integrated supply chain and logistics solutions provider, reported a remarkable performance in its financial results for the third quarter of FY2025. With consistent growth across its diversified business segments, TCI has reinforced its position as a leader in the Indian logistics sector.

The company reported a consolidated revenue of ₹11,539 million for Q3 FY2025, representing a 14.1% year-on-year increase. TCI’s profit after tax (PAT) surged by a staggering 27.3% to ₹1,021 million, compared to ₹802 million during the same period in the previous fiscal year. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) also rose significantly, increasing by 15.8% to ₹1,478 million, driven by efficiency gains and strategic market expansion.

How Did TCI Achieve Record Growth in Q3 FY2025?

According to Transport Corporation of India Managing Director Vineet Agarwal, the company’s growth stems from its robust operational framework, innovative logistics solutions, and a customer-centric approach. Key sectors such as FMCG, retail, and automotive drove demand for temperature-controlled and multimodal logistics services. Emerging opportunities in areas like renewable energy, quick-commerce, and consumer electronics further boosted the company’s financial performance.

“Our balanced growth across all product lines and a focus on sustainability and innovation have helped strengthen our market position,” Agarwal stated. He added that TCI’s commitment to sustainability is highlighted by the company earning the ‘ESG Registered’ badge from Dun & Bradstreet and India’s first ISO 14083:2023 certification for its transport emission measurement tool.

What Were the Key Drivers of Transport Corporation of India’s Nine-Month Performance?

For the nine months ending December 31, 2024, TCI achieved consolidated revenue of ₹33,413 million, marking a 12.3% increase year-on-year. PAT for the same period rose by 19.8% to ₹3,010 million, showcasing the company’s ability to sustain growth amid economic fluctuations.

Standalone financials also reflected strong performance, with Q3 revenue standing at ₹10,422 million, up 10.4%, and standalone PAT increasing by 24.3% to ₹1,182 million.

The company attributes this growth to strategic investments in technology and infrastructure, as well as a tailored approach to logistics that aligns with the evolving needs of its clients. Sectors such as agriculture, engineering, and specialty chemicals also contributed significantly to TCI’s success.

Why Is Sustainability Central to TCI’s Strategy?

As the global focus on sustainability intensifies, Transport Corporation of India has emerged as a leader in green logistics. Its partnership with the TCI-IIMB Supply Chain Sustainability Lab led to the development of a Transport Emission Measurement Tool (TEMT), now certified under ISO 14083:2023.

The company has also enhanced its capabilities in multimodal logistics, including coastal shipping and rail-road transport, which are inherently more sustainable than traditional freight methods. By integrating these solutions into its service offerings, TCI is addressing the growing demand for environmentally friendly logistics.

What Are TCI’s Future Growth Plans?

Looking ahead, Transport Corporation of India is optimistic about sustaining its growth momentum. With increased infrastructure spending and rising rural consumption, the company anticipates a surge in demand for its services in the coming quarters.

To support its growth trajectory, Transport Corporation of India is investing heavily in warehousing automation, specialized logistics assets, and cutting-edge technology. The company’s focus on expanding its network of 15+ million square feet of warehousing space and enhancing its fleet of ships and containers underscores its commitment to serving a growing, aspirational India.

Additionally, Transport Corporation of India plans to explore emerging industries like quick-commerce and renewables, aiming to leverage its expertise in integrated logistics solutions to meet new market demands.

Why Is TCI a Leader in Indian Logistics?

TCI’s legacy of over six decades in the logistics industry positions it as a trusted name in India. Its diverse offerings, from freight transportation and cold chain solutions to coastal shipping, cater to a wide range of industries, including agriculture, life sciences, and engineering.

With a workforce dedicated to innovation and customer satisfaction, Transport Corporation of India continues to redefine the logistics landscape in India. Its divisions, such as TCI Freight, TCI Seaways, and TCI Cold Chain Solutions, showcase a commitment to delivering end-to-end solutions tailored to client needs.