TCI Express' Q2 FY 2025-26 Quarterly Results

Result Summary

• TCI Express Ltd reported a 7.7% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 0.4%.
• Its expenses for the quarter were up by 6.3% QoQ and 0.1% YoY.
• The net profit increased 22.8% QoQ and decreased 4.1% YoY.
• The earnings per share (EPS) of TCI Express Ltd stood at 6.21 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

TCI Express Ltd is a logistics company primarily engaged in providing express distribution services. It operates in the transportation and logistics industry, focusing on time-sensitive logistics solutions. The company offers a wide range of services, including surface express, domestic air express, and value-added services such as e-commerce logistics. It serves a diverse customer base across various sectors, including pharmaceuticals, automotive, textiles, and e-commerce. As of the most recent updates, there are no specific major developments reported for TCI Express Ltd. However, the company is known for its robust network and infrastructure that facilitates efficient service delivery across India.

Revenue

For the second quarter of the fiscal year 2026 (Q2FY26), TCI Express Ltd reported a total income of ₹312.77 crores. This reflects a quarter-over-quarter (QoQ) growth of 7.7% compared to the previous quarter (Q1FY26), where the total income was ₹290.51 crores. Year-over-year (YoY), there was a slight decrease of 0.4% when compared to the same quarter in the previous fiscal year (Q2FY25), where total income was ₹314.01 crores. The minor YoY decrease contrasts with the positive QoQ growth, indicating different dynamics influencing the company's revenue generation over varying timeframes.

Profitability

The company's Profit Before Tax (PBT) for Q2FY26 was ₹31.95 crores, marking a significant increase of 21.5% QoQ from ₹26.29 crores in Q1FY26. This, however, represents a 4.9% decrease on a YoY basis compared to ₹33.59 crores in Q2FY25. After accounting for taxes, the Profit After Tax (PAT) for Q2FY26 stood at ₹23.91 crores, up 22.8% QoQ from ₹19.47 crores in Q1FY26, yet experiencing a 4.1% decline YoY from ₹24.93 crores. Earnings Per Share (EPS) for the quarter was ₹6.21, reflecting a QoQ increase of 21.3% from ₹5.12 in Q1FY26, but a YoY decrease of 3.9% from ₹6.46 in Q2FY25. These figures indicate significant quarterly improvements despite facing annual declines.

Operating Metrics

The total expenses for Q2FY26 were ₹280.82 crores, showing a 6.3% increase QoQ from ₹264.22 crores in Q1FY26, and a marginal YoY increase of 0.1% compared to ₹280.42 crores in Q2FY25. The tax expense for the quarter was ₹8.04 crores, reflecting a 17.9% increase QoQ from ₹6.82 crores in Q1FY26, but a decrease of 7.2% YoY from ₹8.66 crores in Q2FY25. These operating metrics highlight the rising costs associated with maintaining and potentially expanding the company's operations on a quarterly basis, while also dealing with slightly lesser tax obligations compared to the previous year.