Gurugram/ Mumbai, November 2022: India’s leading integrated supply chain and logistics solutions provider, Transport Corporation of India Ltd., announced its financial results today for the Q2 and H1/FY ’23.
Standalone
Performance Highlights: H1 FY2023 vs. H1 FY2022
Consolidated
Performance Highlights: H1 FY2023 vs. H1 FY2022
Commenting on the result, Mr. Vineet Agarwal, Managing Director TCI stated, “In Q2 & HY FY23, the company demonstrated consistent performance. Focus on core business fundamentals coupled with rising demand in the automobile and consumption sectors enabled all business segments to deliver satisfactory results despite inflationary pressure.
The company remains uniquely positioned in tapping high-growth segments through its extensive multimodal network, customized service offerings, and investments in the right technology, and automation.
Further, the launch of the National Logistics Policy along with the earlier announced PM Gati Shakti framework would be instrumental for a push towards seamless multimodal transportation and modern connectivity, increased digitization, and standardization to make our country’s logistics efficient and competitive. TCI continues to invest strongly on all these themes for strong growth over the years.