{"id":140669,"date":"2023-02-09T05:01:24","date_gmt":"2023-02-09T10:01:24","guid":{"rendered":"https:\/\/44.250.171.167\/?p=140669"},"modified":"2023-02-09T05:01:25","modified_gmt":"2023-02-09T10:01:25","slug":"tci-express-q3fy23-net-profit-plummeted-by-9-to-inr-32-crore","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/tci-express-q3fy23-net-profit-plummeted-by-9-to-inr-32-crore\/","title":{"rendered":"TCI Express Q3FY23 net profit plummeted by 9% to INR 32 crore"},"content":{"rendered":"\n<p>Express logistics firm TCI Express posted 8.57 per cent drop in net profit to INR 32 crore for the quarter ended December 30, 2022. The consolidated net profit of the company in the year-ago period stood at INR 35 crore, according to a regulatory filing.<\/p>\n\n\n\n<p>The company\u2019s total income from operations rose to INR 314 crore in the first quarter of the current fiscal, from INR 287 crore in the same period last year.<\/p>\n\n\n\n<p>Expenses increased to INR 268 crore as compared to INR 240 crore earlier. In a separate statement, Chander Agarwal, Managing Director, TCI Express said: &#8221; \u201cTCI Express recorded another quarter of strong performance with highest quarterly Revenue of INR 315.7 crores, a growth of 9.3% on year on year and 1.5% on sequential basis. The growth was primarily driven by strong demand from the festive season, growth in the Index of Industrial Production (IIP) and E Way bill generation which ended on a strong note. Our EBITDA for the quarter stood at INR 47.4 crore with margin of 15.0%. Profit After Tax during the quarter stood at INR 32 crore with margin of 10.1%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Express logistics firm TCI Express posted 8.57 per cent drop in net profit to INR 32 crore for the quarter ended December 30, 2022. The consolidated net profit of the company in the year-ago period stood at INR 35 crore, according to a regulatory filing. The company\u2019s total income from operations rose to INR 314 [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":27118,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392,5753],"tags":[8811,8159,8143],"class_list":["post-140669","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings","category-industrials","tag-delivery-services","tag-logistics","tag-transportation"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":179368,"url":"https:\/\/alphastreet.com\/india\/tci-express-reports-10-6-net-profit-growth-in-q3-fy2026-declares-interim-dividend\/","url_meta":{"origin":140669,"position":0},"title":"TCI Express Reports 10.6% Net Profit Growth in Q3 FY2026; Declares Interim Dividend","author":"Staff Correspondent","date":"February 3, 2026","format":false,"excerpt":"The company recorded steady revenue growth driven by strong performance in its Rail and International Air segments. Investors note the continued expansion of the branch network and a 350% interim dividend payout. TCI Express Limited (NSE: TCIEXP) shares closed at INR 570.20 on December 31, 2025. The stock maintains a\u2026","rel":"","context":"In &quot;Analysis&quot;","block_context":{"text":"Analysis","link":"https:\/\/alphastreet.com\/india\/category\/stock-analysis\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":142711,"url":"https:\/\/alphastreet.com\/india\/transport-corporation-of-india-q3fy23-standalone-net-profit-rises-by-23-percent\/","url_meta":{"origin":140669,"position":1},"title":"Transport Corporation of India Q3FY23 standalone net profit rises by 23 percent","author":"Chirag Gupta","date":"February 24, 2023","format":false,"excerpt":"Supply chain and logistics solutions provider Transport Corporation of India Ltd (TCI) on Monday reported a 23 per cent growth in standalone profit after tax at INR 95 crore in the quarter ended December 2022. The company had posted a PAT (Profit After Tax) of INR 78 crore in the\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"earnings preview","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":179900,"url":"https:\/\/alphastreet.com\/india\/allcargo-logistics-reports-third-quarter-consolidated-revenue-of-inr-516-crore\/","url_meta":{"origin":140669,"position":2},"title":"Allcargo Logistics reports third quarter consolidated revenue of INR 516 crore","author":"Staff Correspondent","date":"February 6, 2026","format":false,"excerpt":"Allcargo Logistics Ltd (NSE: ALLCARGO, BSE: 532749) is an India-based logistics provider specializing in surface and air express distribution, consultative logistics, and end-to-end supply chain solutions. The company operates a fleet of over 9,000 trucks and provides multi-modal delivery services reaching 99% of government-approved pin codes across India. Its infrastructure\u2026","rel":"","context":"In &quot;LATEST&quot;","block_context":{"text":"LATEST","link":"https:\/\/alphastreet.com\/india\/category\/latest\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":142977,"url":"https:\/\/alphastreet.com\/india\/earnings-delhivery-ltd-nsedelhivery-q3fy23-results-out-total-income-fell-5-yoy\/","url_meta":{"origin":140669,"position":3},"title":"Earnings | Delhivery Ltd (NSE:DELHIVERY): Q3FY23 Results Out; Total Income fell 5% YoY","author":"Divyansh_Kasana","date":"February 28, 2023","format":false,"excerpt":"Delhivery Ltd (NSE:DELHIVERY) is an Indian logistics and supply chain services company that provides end-to-end logistics solutions to businesses and consumers. The company was founded in 2011 and has since grown to become one of the leading logistics providers in India, with a network of more than 18,500 pin codes\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139479,"url":"https:\/\/alphastreet.com\/india\/trident-reported-a-32-decline-in-its-q3fy23-net-profit\/","url_meta":{"origin":140669,"position":4},"title":"Trident reported a 32% decline in its Q3FY23 net profit","author":"Chirag Gupta","date":"January 30, 2023","format":false,"excerpt":"Textiles firm Trident Ltd reported a 32 per cent decline in consolidated profit after tax to INR 144 crore in the third quarter ended in December 2022. The company had posted a consolidated profit after tax of INR 211 crore in the same quarter previous fiscal, Trident Ltd said in\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/84fcd02c-df3d-4d30-92a7-64a21b7078e2.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/84fcd02c-df3d-4d30-92a7-64a21b7078e2.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/84fcd02c-df3d-4d30-92a7-64a21b7078e2.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/84fcd02c-df3d-4d30-92a7-64a21b7078e2.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/84fcd02c-df3d-4d30-92a7-64a21b7078e2.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/84fcd02c-df3d-4d30-92a7-64a21b7078e2.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":142828,"url":"https:\/\/alphastreet.com\/india\/tridents-q3fy23-net-profit-declines-by-32-percent\/","url_meta":{"origin":140669,"position":5},"title":"Trident&#8217;s Q3FY23 net profit declines by 32 percent","author":"Chirag Gupta","date":"February 27, 2023","format":false,"excerpt":"Textiles firm Trident Ltd reported a 32 per cent decline in consolidated profit after tax to INR 144 crore in the third quarter ended in December 2022. The company had posted a consolidated profit after tax of INR 211 crore in the same quarter previous fiscal, Trident Ltd said in\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"earnings preview","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/140669","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1863"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=140669"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/140669\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/27118"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=140669"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=140669"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=140669"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}