Key Financial Results - Q2 FY27 vs Q2 FY26

  • Revenue from operations: ₹335.9 Crores (up 8.9% from ₹308.5 Crores)
  • EBITDA: ₹43.0 Crores (up 10.8% from ₹38.8 Crores)
  • EBITDA margin: 12.7% (highest in last five quarters)
  • PAT: ₹26.7 Crores with margin at 7.9%
  • Total Income: ₹339.3 Crores

Key Financial Results - H1 FY27 vs H1 FY26

  • Revenue from operations: ₹647.9 Crores (up 8.8% from ₹595.3 Crores)
  • EBITDA: ₹80.0 Crores (up 10.8% from ₹72.2 Crores)
  • EBITDA margin: 12.2%
  • PAT: ₹49.0 Crores with margin at 7.5%
  • Total Income: ₹654.6 Crores

Segment Performance - Q2 FY27 YoY Growth

  • Surface Express: 9.4% growth (largest business segment)
  • Domestic Air Express: 29.4% growth
  • International Air Express: 26.1% growth
  • E-Commerce Express: 51.6% growth (fastest-growing segment)
  • C2C Express: Focused on improving business quality and margins, showing sequential recovery signs

Operational Highlights

  • Sequential performance: Q2 FY27 EBITDA rose 16.3% and PAT rose 19.2% over Q1 FY27
  • Continued investment in network infrastructure and technology to enhance regional coverage and operational reach
  • Multimodal capabilities strengthened through ongoing investments

CSR Initiatives - H1 FY27

  • Artificial Limb Initiative: 489 beneficiaries supported
  • Archery Academy in Khunti, Jharkhand: 52 young athletes provided structured training

Management Commentary

Mr. Chander Agarwal, Managing Director, stated that the company delivered profitable growth with EBITDA growing faster than revenue. He emphasized the rapid scaling of E-Commerce and Air Express businesses while Surface Express remained a key growth driver. The company's priorities include deepening enterprise customer relationships, disciplined growth, and continued investment in network and technology.

Company Overview

TCI EXPRESS is India's leading time-definite express logistics company offering integrated multimodal logistics solutions across Surface, Rail, Air, C2C and E-Commerce services. The company operates through an asset-light, fully containerized model with over 1,000 company-owned branches covering 60,000+ locations.