Summary of Key Information:

Reporting Period: Quarter and Half Year Ended September 30, 2026 (Q2 FY27)

Nature of Filing / Announcement: Outcome of Board Meeting comprising approval of Unaudited Financial Results, management appointment, and fundraising

Audit Opinion:

Clean opinion - Limited Review Report issued by Brahmayya & Co., Chartered Accountants with no modifications or qualifications.

Key Financial Highlights [₹ in Millions]:

Standalone Results:

Revenue from Operations: Q2 FY27: ₹11,850 (QoQ: +10.8%; YoY: +13.0%); H1 FY27: ₹22,548 (YoY: +10.9%)

Total Income: Q2 FY27: ₹11,964; H1 FY27: ₹23,080

Net Profit: Q2 FY27: ₹917; H1 FY27: ₹2,115 (YoY: -0.2%)

EPS: Basic Q2 FY27: ₹11.94; H1 FY27: ₹27.54

Other Equity: ₹25,793 as of September 30, 2026

Cash and Cash Equivalents: ₹1,016 as of September 30, 2026

Debt: Short-term borrowings ₹1,579; Long-term borrowings ₹1,411; Total debt ₹2,990

Consolidated Results:

Revenue from Operations: Q2 FY27: ₹13,880 (QoQ: +11.2%; YoY: +15.2%); H1 FY27: ₹26,365 (YoY: +12.5%)

Total Income: Q2 FY27: ₹13,979; H1 FY27: ₹26,527

Net Profit: Q2 FY27: ₹1,169; H1 FY27: ₹2,235 (YoY: +1.3%)

Attribution: Owners of TCI: ₹2,215; Non-controlling interests: ₹20

EPS: Basic Q2 FY27: ₹15.08; H1 FY27: ₹28.85

Other Equity: ₹27,744 as of September 30, 2026

Cash and Cash Equivalents: ₹1,081 as of September 30, 2026

Debt: Short-term borrowings ₹1,959; Long-term borrowings ₹1,598; Total debt ₹3,557

Segment-wise Performance [₹ in Millions]:

Standalone Segment Revenue H1 FY27:

  • Freight Division: ₹9,391 (YoY: +9.6%)
  • Supply Chain Solutions Division: ₹9,935 (YoY: +8.1%)
  • Seaways Division: ₹3,508 (YoY: +17.0%)
  • Energy Division: ₹34 (YoY: +6.3%)

Consolidated Segment Revenue H1 FY27:

  • Freight Division: ₹12,250 (YoY: +10.5%)
  • Supply Chain Solutions Division: ₹11,966 (YoY: +10.5%)
  • Seaways Division: ₹3,508 (YoY: +17.0%)
  • Energy Division: ₹34 (YoY: +6.3%)

Segment Profit (Before Tax) H1 FY27 Standalone:

  • Freight Division: ₹234
  • Supply Chain Solutions Division: ₹611
  • Seaways Division: ₹1,178
  • Energy Division: ₹15

Corporate Actions:

  • Dividend: Not declared in this quarter
  • Buyback: Board approved buyback of up to 15,62,500 equity shares (face value ₹2) at ₹960 per share, aggregating ₹1,500 million. The buyback is in progress as of the results date.
  • Capital Raising: Board approved issuance of secured, listed, redeemable Non-Convertible Debentures (NCDs) for up to ₹300 Crores in one or more tranches via private placement.

Other Significant Information:

  • Capital Employed (Consolidated): ₹32,311 million as of September 30, 2026
  • Property, Plant and Equipment (Consolidated): ₹11,625 million
  • Capital Work-in-Progress (Consolidated): ₹5,322 million
  • Trade Receivables (Consolidated): ₹8,412 million
  • Entities included in consolidation: 9 subsidiaries, 1 joint venture, 1 associate
  • No exceptional items or one-time adjustments reported
  • No change in accounting policy affecting comparability