Summary of Key Information:

Reporting Period: Quarter and Financial Year ended March 31, 2026

Nature of Filing / Announcement: Regulation 30 & 33 SEBI LODR Compliance - Outcome of Board Meeting

Audit Opinion:

Unmodified opinion from Statutory Auditors Brahmayya & Co. (Firm Registration No. 000511S) for both standalone and consolidated financial results.

Key Financial Highlights [₹ Crores]:

Standalone Results:

Quarter ended March 31, 2026:

  • Revenue from Operations: ₹326.83
  • Total Income: ₹331.12
  • Net Profit: ₹22.88
  • EPS: ₹5.38 (Basic), ₹5.37 (Diluted)

Quarter ended March 31, 2025:

  • Revenue from Operations: ₹314.05
  • Total Income: ₹317.13
  • Net Profit: ₹30.47
  • EPS: ₹5.96 (Basic), ₹5.94 (Diluted)

Financial Year ended March 31, 2026:

  • Revenue from Operations: ₹1,236.16
  • Total Income: ₹1,250.42
  • Net Profit: ₹89.84
  • EPS: ₹23.39 (Basic), ₹23.34 (Diluted)

Financial Year ended March 31, 2025:

  • Revenue from Operations: ₹1,208.27
  • Total Income: ₹1,221.14
  • Net Profit: ₹90.77
  • EPS: ₹23.66 (Basic), ₹23.59 (Diluted)

Consolidated Results:

Quarter ended March 31, 2026:

  • Revenue from Operations: ₹328.08
  • Total Income: ₹331.85
  • Net Profit: ₹16.03 (after exceptional item of ₹2.28 crores impairment)
  • EPS: ₹4.77 (Basic), ₹4.76 (Diluted)

Quarter ended March 31, 2025:

  • Revenue from Operations: ₹314.05
  • Total Income: ₹317.54
  • Net Profit: ₹29.62
  • EPS: ₹5.74 (Basic), ₹5.72 (Diluted)

Financial Year ended March 31, 2026:

  • Revenue from Operations: ₹1,237.41
  • Total Income: ₹1,252.67
  • Net Profit: ₹81.43
  • EPS: ₹21.21 (Basic), ₹21.16 (Diluted)

Financial Year ended March 31, 2025:

  • Revenue from Operations: ₹1,208.27
  • Total Income: ₹1,221.71
  • Net Profit: ₹115.18
  • EPS: ₹30.00 (Basic), ₹29.92 (Diluted)

Assets and Liabilities Position [Standalone, ₹ Crores]:

As at March 31, 2026:

  • Total Assets: ₹1,000.11
  • Property, Plant and Equipment: ₹443.15
  • Capital Work in Progress: ₹28.54
  • Right of Use Assets: ₹49.63
  • Cash and Cash Equivalents: ₹11.46
  • Trade Receivables: ₹238.63
  • Total Equity: ₹828.82
  • Other Equity: ₹821.14
  • Total Liabilities: ₹171.29

As at March 31, 2025:

  • Total Assets: ₹923.19
  • Property, Plant and Equipment: ₹420.93
  • Capital Work in Progress: ₹15.02
  • Right of Use Assets: ₹29.61
  • Cash and Cash Equivalents: ₹10.51
  • Trade Receivables: ₹225.80
  • Total Equity: ₹769.33
  • Other Equity: ₹761.65
  • Total Liabilities: ₹153.86

Cash Flow Statement [Standalone, ₹ Crores]:

FY26:

  • Net Cash from Operating Activities: ₹103.80
  • Net Cash from Investing Activities: (₹61.84)
  • Net Cash from Financing Activities: (₹41.01)
  • Net Increase in Cash: ₹0.95

FY25:

  • Net Cash from Operating Activities: ₹117.53
  • Net Cash from Investing Activities: (₹88.12)
  • Net Cash from Financing Activities: (₹32.13)
  • Net Decrease in Cash: (₹2.72)

Segment-wise Performance:

The company operates in a single primary business segment - "Express Cargo" - therefore segment reporting as per Ind AS 108 is not applicable.

Corporate Actions:

  • ESOP Grant: Approved grant of 46,200 stock options at ₹250 per option under Employees Stock Option Plan-2016 (10th Tranche)
  • No dividend declared in this announcement

Other Significant Information:

  • Exceptional item of ₹2.28 crores represents impairment of investment for quarter and year ended March 31, 2026
  • GST demand of ₹51.36 crores plus interest and penalty for period July 2017 to March 2022 under reverse charge mechanism on GTA supplies
  • Appeal rejected by Commissioner (Appeals) on December 30, 2025; company intends to pursue further appeals
  • Entities included in consolidation: TCI Express Limited (Holding), TCI Express Pte. Ltd. (Subsidiary), TCI Global (Singapore) Pte. Ltd. (Subsidiary w.e.f. January 26, 2026)
  • 18th Annual General Meeting details to be communicated separately