TCI Express Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
February 12, 2024 at 04:31 am EST
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TCI Express Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 3,118.6 million. Revenue was INR 3,138.3 million. Net income was INR 321.9 million. Basic earnings per share from continuing operations was INR 8.4. Diluted earnings per share from continuing operations was INR 8.38.
For the nine months, sales was INR 9,367.1 million. Revenue was INR 9,419.3 million. Net income was INR 1,001 million. Basic earnings per share from continuing operations was INR 26.12. Diluted earnings per share from continuing operations was INR 26.05.
TCI Express Limited is an India-based company, which is engaged in the carrying express cargo distribution through road, rail, air, and water mode. The Company specializes in offering time definite solutions. Its services include surface express, domestic air express, international air express, e-commerce express, C2C express, rail express, and cold chain express. Its value-added services include safety and security of vehicles through tamper proof locking systems, holiday and late pickup services on demand, key account management, and others. The Company provides end-to-end logistics to the pharmaceuticals industry and order management service to customers. Its e-commerce express provides business-to-business (B2B) on multi model distribution for optimum on time delivery with value added features of cash on delivery. It offers express solutions with over 40000 locations with fully containerized fleet of vehicles. The Company's subsidiary is TCI Express Pte. Ltd.
TCI EXPRESS LIMITED 
