Leading integrated supply chain and logistics solutions provider Transport Corporation of India (TCI) today reported a marginal growth in profit after tax (PAT) at Rs 13.58 crore for the first quarter ended June 30.
PAT stood at Rs 13.44 crore in the corresponding quarter of the previous year, the company said in a release here.
During the period under review, the company achieved 10.26% growth in revenue at Rs 458.69 crore compared to Rs 416.01 for the same quarter in the previous year.
"Besides reasonable top line growth under the prevailing subdued economic scenario, we have been able to achieve improved EBIDTA margin. We expect the next few months to be challenging," TCI Vice-Chairman and Managing Director D P Agarwal said.