TCI posts stable Q2 FY2026 results as profit after tax climbs 5.8% to ₹1,135 million

Transport Corporation of India Ltd. (TCI) reported steady financial growth for the second quarter ended September 30, 2025, according to the company’s latest results.

The logistics and supply chain services company, based in Gurugram, reported that its consolidated revenue reached ₹12,174 million in Q2 FY2026. This represents a 7.6% increase from ₹11,314 million in the same quarter last year, according to the company's financial statements.

The company stated that its consolidated EBITDA was ₹1,624 million for the quarter. This represents a 6.9% increase from ₹1,519 million reported in Q2 FY2025. Profit after tax also rose to ₹1,135 million, a 5.8% growth from ₹1,073 million a year earlier, according to the quarterly report.

For the first six months of FY2026, TCI reported consolidated revenue of ₹23,680 million. This reflects an 8.3% increase from ₹21,874 million in the same period last year. Meanwhile, consolidated EBITDA increased by 9.3% year-on-year to ₹3,144 million. Profit after tax rose 11% to ₹2,207 million, according to the company's filing.

On a standalone basis, TCI reported its Q2 FY2026 revenue at ₹10,652 million, a 5% increase from ₹10,120 million in Q2 FY2025. Standalone EBITDA rose 6.1% to ₹1,303 million, and standalone PAT increased 6.4% to ₹878 million, according to the report.

For the half-year period, the standalone revenue was ₹20,990 million, an increase of 5.2% from ₹19,959 million in the same period last year. Standalone EBITDA grew 9.6% to ₹2,932 million, while standalone PAT rose 13.2% to ₹2,120 million, according to the filing.

Vineet Agarwal, Managing Director of TCI, said the company delivered a “steady” performance supported by strong demand in auto, FMCG and consumer durables sectors. “We are pleased to report a steady Q2 performance, driven by strong demand across auto, FMCG and consumer durables, reflecting the strength of our strategy, operational efficiency, and effective execution. All product segments/divisions have performed satisfactorily,” said Agarwal.

He added that the rollout of GST 2.0 has helped logistics companies improve compliance and simplify taxation. According to him, this has led to better affordability and quicker product deliveries, especially with festive demand picking up across consumption categories.

“In response to this uptick, we expanded our warehousing footprint and continued to invest in automation, smart multimodal assets. Our rail and coastal multimodal logistics offering continues to scale up, delivering efficient, high-capacity, and green logistics across long-haul routes,” he added.

Agarwal also highlighted progress on sustainability. He said the company is piloting alternative fuel technologies and rolling out new measures in renewable energy use and waste management, according to the statement.

He further noted that the TCI-IIM Bangalore lab, which works on industry transformation in transportation and logistics, has reached a key milestone. “A major milestone was achieved as the Lab has now been formally adopted by the Department for Promotion of Industry and Internal Trade (DPIIT),” he said.

“As India’s logistics sector evolves rapidly, TCI remains committed to delivering integrated, tech-enabled, and environmentally sustainable supply chain solutions,” he said.