Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Amazon Great Indian Festival Celebration Sale - 2019
Google
Web www.equitybulls.com
Stock Report

| More

Transport Corporation of India Ltd announces Q2, H1 FY19 results

Posted On: 2018-11-03 13:18:26

India's leading integrated supply chain and logistics solutions provider, Transport Corporation of India Ltd., today announced its financial results for the second quarter/half year ended on 30th September, 2018.

The company's total revenue for the Half Year recorded a growth of - 19% over orresponding quarter last year while the profit after tax recorded a growth of 25%during this period.

Keeping in view of the overall performance, TCI Board of Directors has decided to pay interim dividend to shareholders at 40% (i.e. Re. 0.80 per share).

Commenting on the results, Mr. Vineet Agarwal, Managing Director TCI stated, "We have delivered encouraging results that were in line with our expectations and consolidated our market share across all our divisions. The last quarter was very challenging given the transporter's strike, floods in Kerala and increasing fuel prices however the company has been able to achieve organic growth by simultaneously reducing costs and advancing operational efficiencies.

He further added, "With our increased focus on multimodal logistics, we will continue our momentum and deliver competitive and sustained profitability for the whole fiscal year."

Shares of TRANSPORT CORPORATION OF INDIA LTD. was last trading in BSE at Rs.276.85 as compared to the previous close of Rs. 286. The total number of shares traded during the day was 4712 in over 204 trades.

The stock hit an intraday high of Rs. 291.95 and intraday low of 272.15. The net turnover during the day was Rs. 1328851.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

DB Corp Ltd announces Q2, H1 FY2019-20 results

Muthoot Finance Ltd to consider pricing, terms of notes under GMTN programme

DCW Ltd allots shares, warrants

Dishman Carbogen Amcis Ltd calls for board meeting on Oct 23, 2019

Bombay Rayon Fashions Ltd announces OTS with Bank of Maharashtra

Satra Properties India Ltd completes sale of stake in subsidiary

Voltas Ltd board to consider Q2, H1 results on Nov 6, 2019

Kokuyo Camlin Ltd Q2 PAT at Rs. 1.91 crore

EIMCO Elecon India Ltd Q2 PAT surges to Rs. 4.46 crore

D B Corp Ltd reports Q2 PAT of Rs. 75.57 crores

Infosys Instep Recognized as the Best 'Overall Internship Program' in the World

RMC Switchgears Limited emerges L1 bidder in MGVCL tender

Acute Coal Shortage affects Nalco's Smelter Plant Operation

Shoppers Stop store opened at Tapasya One, Gurugram

Zuari Agro Chemicals Ltd shuts down NPK plant

Trimax Smart Lnfraprojects Private Limited becomes 100% subsidiary of Quess Corp Ltd

Mindtree reports a broad-based double digit revenue growth

STL brings the power of hyperscale datacentres with 5G Edge Mantra at IMC 2019

Federal Bank Net Profit Grows 57% to Reach Rs.416.70 Cr

IOB receives RBI nod for including Government's fund infusion under CET 1 capital

NHAI announces deemed termination of Concession Agreement of KNR Chidambaram Infra Private Limited

PNB Housing Finance Ltd disburses loans amounting to Rs. 4970 crores during Q2

TCS iON Launches Artificial Intelligence - Driven Command Center to Monitor Examination Venues in Real-time

Sterlite Power wins IPMA Global Project Excellence Award for NRSS-29 power transmission project in Jammu & Kashmir

Mindtree Ltd board declares interim dividend of Rs. 3 for FY 2019-20

OPPO showcases 5G readiness in partnership with Qualcomm & Jio at India Mobile Congress 2019

Canara HSBC OBC Life Insurance and IndianMoneyInsurance.com tie up to sell Life Insurance

IOB to E-auction 500 plus re-possessed properties worth more than Rs.800 crores on Magicbricks

STL unveils Stellar Fibre, Industry's First Universal Fibre, at IMC 2019

Woodpecker Distilleries & Breweries commences supply of its products in Bangalore

Seya Industries update on rating downgrade by CARE Ratings

MSR India Ltd bags order for Dr Copper

Scanpoint Geomatics Ltd bags contract of Rs. 4.29 crore

Aditya Birla Money Ltd posts net profit of Rs. 2.90 crore in Q2

Federal Bank Ltd Q2 FY 2019-20 net profit rises to Rs. 424.40 crore

Spring Fields Infraventure Ltd receives purchase order for Rs. 74.27 lakhs

PSP Projects Limited bags award in 17th Construction World Global Awards, 2019

D. B. Corp Ltd Board declares Interim Dividend of Rs. 6.50 for FY 2019-20

Vakrangee Limited partners with TSI Yatra Limited for assisted online travel services

PNC Infratech has received LOA from NHAI for EPC Project of Rs. 1062 crore

Havells introduces ST^Dx, a smart range of switchgear devices for evolving needs of electrical industry

Ramco Systems brings its virtual assistant CHIA to WhatsApp

Indoco successfully concludes USFDA inspection at Goa Plant II

IndusInd Bank inaugurates a branch in Dehradun

This festive season, Blue Star aims to accelerate growth with a new marketing strategy for room air conditioners

Exide Industries launches 'Exide Neo' e-rickshaw

Sun Pharma Launches Drizalma Sprinkle in the U.S.

Inox Wind signs additional deal for SECI 50 MW capacity with Adani Green Energy

MCX Q2 FY2019-20 consolidated PAT surges to Rs. 71.75 crore

ACC Ltd Q3 consolidated PAT at Rs. 302.53 crore







Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2019