TCI reports 94% rise in standalone PAT to Rs 78 cr in Dec 2021

TCI reports 94% rise in standalone PAT to Rs 78 cr in Dec 2021

AgenciesUpdated: Thursday, January 27, 2022, 08:25 PM IST
article-image
The company's revenue from operations during October-December 2021 rose 6.2 per cent y-o-y to Rs 759 crore. | File photo

Integrated supply chain and logistics form TCI reported a 94 per cent year-on-year rise in standalone profit after tax (PAT) at Rs 78 crore for the December 2021 quarter.

The company had posted a standalone PAT of Rs 40 crore in the corresponding quarter of the last financial year, it said in a statement.

The company's revenue from operations during October-December 2021 rose 6.2 per cent y-o-y to Rs 759 crore, it said.

TCI Managing Director Vineet Agarwal said, ''The third quarter and nine months into the current financial year have been encouraging and in line with the positive business momentum in the country. All service offerings have performed well both on topline (revenue) and bottomline (profit) fronts.''

(With inputs from PTI)

RECENT STORIES

Maruti Suzuki Grand Vitara: Waiting Period Extends to 2 Months

Maruti Suzuki Grand Vitara: Waiting Period Extends to 2 Months

CEO of HCL Tech Predicts in FY25 Between 3 to 5 per cent Growth

CEO of HCL Tech Predicts in FY25 Between 3 to 5 per cent Growth

Pakistan PM Sharif Discusses New Loan Programme With IMF Chief Georgieva In Riyadh

Pakistan PM Sharif Discusses New Loan Programme With IMF Chief Georgieva In Riyadh

'Time Is The Enemy Of The Mediocre': 5 Inspirational Quotes From Warren Buffet

'Time Is The Enemy Of The Mediocre': 5 Inspirational Quotes From Warren Buffet

Hyundai, Kia And China's Baidu Join Hands To Develop Connected Cars

Hyundai, Kia And China's Baidu Join Hands To Develop Connected Cars