TCI Express standalone net profit rises 123.93% in the March 2021 quarter

Sales rise 17.59% to Rs 279.80 crore

Net profit of TCI Express rose 123.93% to Rs 42.57 crore in the quarter ended March 2021 as against Rs 19.01 crore during the previous quarter ended March 2020. Sales rose 17.59% to Rs 279.80 crore in the quarter ended March 2021 as against Rs 237.94 crore during the previous quarter ended March 2020.

For the full year,net profit rose 12.93% to Rs 100.60 crore in the year ended March 2021 as against Rs 89.08 crore during the previous year ended March 2020. Sales declined 18.21% to Rs 843.99 crore in the year ended March 2021 as against Rs 1031.96 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales279.80237.94 18 843.991031.96 -18 OPM %19.4411.21 -15.9111.75 - PBDT57.2627.58 108 141.19124.77 13 PBT54.7425.51 115 132.22116.98 13 NP42.5719.01 124 100.6089.08 13

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