The firm had reported a net profit of Rs 9.42 crore in the corresponding period a year ago. TCI, which has subsidiary in Indonesia and two joint ventures Ann Sofie Scan APS, Denmark and Transystem Logistics International Pvt Ltd, reported consolidated net profit of Rs 32.91 crore for the latest quarter.
Total income rose to Rs 329.59 crore in the latest quarter from Rs 292.85 crore during a year ago period, said a company statement.
The company also reported mark-to-market losses in derivative instruments amounting to Rs 2.54 crore, while declaring a 30 per cent dividend.
TCI's standalone net profit witnessed a 7 per cent decline in FY'08 at Rs 28.43 crore from Rs 30.57 crore in the year-ago period. During the same period, the total income rose to Rs 1,202.90 crore from Rs 1,088.67 crore, it said.
