Transport Corporation of India reports solid Q2 FY26 growth in revenue and profits, driven by demand, multimodal expansion, and sustainability efforts.

Transport Corporation of India (TCI), one of India’s leading integrated multimodal logistics and supply chain solutions providers, has announced a solid performance in its Q2 FY2026 financial results, reflecting continued demand across key sectors and strategic investments in automation and green logistics.
For the quarter ending September 30, 2025, TCI reported a consolidated revenue of ₹12,174 million, an 8% rise compared to ₹11,314 million in the same quarter last year. The company’s EBITDA grew 7% to ₹1,624 million, up from ₹1,519 million, while Profit After Tax (PAT) increased 6% to ₹1,135 million, compared to ₹1,073 million in Q2 FY2025.
Consolidated Performance
- H1 FY2026 revenue rose 8.3% to ₹23,680 million
- EBITDA for the six-month period increased 9.3% to ₹3,144 million
- PAT surged 11% to ₹2,207 million
Standalone Performance
- Q2 standalone revenue grew 5.3% to ₹10,652 million
- Standalone EBITDA rose 6.1% to ₹1,303 million
- Standalone PAT improved 6.4% to ₹878 million
Half-year standalone PAT posted a strong 13.2% growth at ₹2,120 million, signalling improved operational efficiency.
Business momentum and sector drivers
TCI attributed the quarter’s growth to consistent demand across automotive, FMCG, and consumer durables. A broader consumption uptick during the festive cycle further lifted volumes.
The rollout of GST 2.0 also provided clarity in compliance, eased taxation complexities, and improved fulfilment timelines.
Capacity expansion & multimodal scale-up
Responding to demand, TCI expanded warehousing capacity and invested further in automation and smart multimodal logistics assets. Its rail and coastal logistics offerings continued scaling up, supporting faster, cleaner freight movement across long distances.
Sustainability and innovation
TCI is piloting alternative fuel technologies as part of its green fleet initiative while accelerating clean energy adoption, waste management processes, and modal shift efforts.
A major milestone this quarter was the TCI–IIM Bangalore Logistics Lab being formally adopted by the Department for Promotion of Industry and Internal Trade (DPIIT) and hosted on its official platform:
https://dpiit.freightemissions.com/
Leadership View
Commenting on the results, Vineet Agarwal, Managing Director, TCI, said the quarter reflected the company’s strong strategy, operational discipline, and ability to adapt to evolving consumption trends.
“We are pleased to report a steady Q2 performance driven by strong demand across auto, FMCG and consumer durables… As India’s logistics landscape evolves rapidly, TCI remains committed to delivering integrated, tech-enabled, and environmentally sustainable supply chain solutions,” he added.
Source: The Maritime Gateway









