Gurugram, India, May, 2022: India’s leading integrated supply chain and logistics solutions provider, Transport Corporation of India Ltd., today announced its consolidated financial results for the financial year ended on 31st March, 2022. The company’s total revenue for the year recorded a growth of 18.5% over last year while the profit recorded a growth of 98% during this period.

The Company also announced final Dividend of Rs. 2 per share and payout of 100% on the face value.

Standalone

Performance Highlights: FY2022 vs. FY2021

▪ Revenue from operations of Rs. 2905 Crores, growth of 18.5% y-o-y

▪ EBITDA of Rs. 421 Crores compared to Rs. 283 Crores in FY2021

▪ EBITDA margin at 14.4% compared to 11.4% in FY2021

▪ PAT of Rs. 267 Crores compared to Rs. 135 Cores in FY2021 and grew by 98%

▪ PAT Margin at 9.1% compared to 5.4% in FY2021

Consolidated

Performance Highlights: FY2022 vs. FY2021

▪ Revenue from operations of Rs. 3257 Crores, growth of 16.2% y-o-y

▪ EBITDA of Rs. 456 Crores compared to Rs. 307 Crores in FY2021

▪ EBITDA margin at 13.9% compared to 10.8% in FY2021

▪ PAT of Rs. 293 Crores compared to Rs. 150 Cores in FY2021 and grew by 94.7%

▪ PAT Margin at 8.9% compared to 5.3% in FY2021

Commenting on the performance, Mr. Vineet Agarwal, Managing Director TCI stated, The fourth quarter and the full FY 2021-22 despite the impact of second wave of covid, industry wide supply chain disruptions have been good in terms of top line and most importantly margins. Both revenue and margins are at an all-time high as all service verticals are on a growth path. This is primarily due to TCI’s adherence to core business fundamentals of high degree of customer focus.

Multimodal rail and coastal shipping continue to be the thrust areas and Seaways division has recorded exceptional performance with higher market container rates. TCI remains invested in Multi-modal business as it has a direct bearing on reduction in GHG emissions leading to a positive ESG compliance for all our clients. Our focus on emerging verticals and innovative solutions for our customers has also beefed up the numbers.

The government vision on Gati Shakti coupled with customers demand for contract logistics & technology driven value added services augur well for the company in the coming years.