TCIEXPRESS reports robust results for Q1 FY24 - PR Newswire

India's market leader in express distribution, TCI Express Ltd., has announced its financial results for Q1 FY24. The company achieved a revenue of INR 306 crores, marking a growth of 4.8% YoY. EBITDA for the quarter was INR 48 crores, representing a sequential growth of 7.0%, and profit after tax was INR 32 crores, with a margin of 10.6%. Despite industry challenges, TCI Express has remained financially strong and showcased resilience, outperforming the industry average. The company is well-positioned to benefit from the expected growth in India's manufacturing sector and is focused on providing efficient supply chain management and transportation services.

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