BSEResult1d ago · 27 Oct 2026, 03:30 pm
Unaudited Financial Results (Standalone and Consolidated) for the quarter and half year ended September 30, 2026
Transport Corporation of India Ltd · 532349
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Transport Corporation of India Ltd has announced unaudited financial results for the quarter and half year ended September 30, 2026, with revenue from operations at ₹1,850 crore and ₹10,484 crore for the quarter and half year respectively. The company has also announced the appointment of a new CEO-Designate for its Seaways Division and the issuance of Non-Convertible Debentures worth up to ₹300 crore.
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Transport Corporation of India Ltd - 532349 - Unaudited Financial Results (Standalone And Consolidated) For
The Quarter And Half Year Ended September 30, 2026
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Date: October 27, 2026
Listing Department Listing Department
BSE Ltd., National Stock Exchange of India Ltd.,
Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G,
Dalal Street – Mumbai- 400001 Bandra Kurla Complex,
Bandra (E) Mumbai – 400051
Scrip Code: 532349 Scrip Symbol: TCI
Sub: Outcome of the Board meeting held on October 27, 2026
Dear Sir/Madam,
This is in continuation to our letters dated October 13, 2026 and October 22, 2026 and pursuant to
Regulations 30 and 33 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we wish to inform you that
the Board of Directors of the Company, at its meeting held today, i.e., Tuesday, October 27, 2026, has
inter alia considered and approved the Unaudited Financial Results (Standalone and Consolidated) for
the quarter and half year ended September 30, 2026.
A copy of the aforesaid Results along with the Limited Review Report of the Statutory Auditor of the
Company, as required under Regulation 33 of the Listing Regulations, is enclosed herewith as
Annexure – I.
Further, pursuant to Regulation 30 of the SEBI Listing Regulations, we would like to inform you that
the Board of Directors, at the aforesaid meeting, also transacted the following businesses:
1. Appointment of CEO- Designate, TCI Seaways Division and Senior Management Personnel
Based on the recommendation of the Nomination and Remuneration Committee, the Board of
Directors considered and approved the appointment of Mr. Bhudev Bhushan Giri as CEO –
Designate, TCI Seaways Division and Senior Management Personnel of the Company with effect
from October 27, 2026.
The details as required under Regulation 30 read with Clause 7 of Para A of Part A of Schedule III
of the SEBI Listing Regulations and the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-
POD2/I/3762/2026 dated January 30, 2026 (“SEBI Master Circular”), with respect to appointment
of Mr. Bhudev Bhushan Giri are enclosed herewith as Annexure – II.
2. Issuance of Non-Convertible Debentures
The Board considered and approved the issuance of secured, listed and redeemable Non-
Convertible Debentures (“NCDs”), for an aggregate amount not exceeding ₹300 Crores (Rupees
Three Hundred Crores only), in one or more tranches, on a private placement basis, in accordance
with the provisions of the SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021,
the Companies Act, 2013, and other applicable laws, circulars and guidelines.
The Board also authorised the Executive Authorization Committee of the Board to undertake all
necessary actions in connection with the issuance and allotment of the NCDs, including
finalisation of the terms of issuance and execution of the necessary documents, subject to the
framework approved by the Board and applicable law.
The details required under Regulation 30 read with the applicable provisions of Schedule III of
the SEBI Listing Regulations and the SEBI Master Circular are enclosed herewith as Annexure –
III.
The Board meeting commenced at 12:15 PM (IST) and concluded at 3:00 PM (IST).
The above information is also available on the Company’s website at www.tcil.com.
You are requested to take the above information on your records.
Thank you,
For Transport Corporation of India Limited
Hansa Sharma
Company Secretary & Compliance Officer
(Membership No.: A42616)
Annexure - I
T RANSPORT CORPORATION OF INDIA LIMITED
CIN: L70109TG1995PLC019116
Corporate Office : TCI House 69 Institutional Area Sector -32, Gurugram - 122001 (Haryana)
Registered Office : Flat Nos 306 & 307, 1-8-271 to 273, Ashoka Bhoopal Chambers, S.P. Road,
Secunderabad-500003 (Telangana)
Email : Secretarial@tcil.com, Web : www.tcil.com
Statement of Unaudited Financial Results for the Quarter and Half year Ended 30th Sep 2026 (₹ in Mn except as stated)
Standalone Consolidated
Particulars Quarter Ended Period Ended Year Ended Quarter Ended Period Ended Year Ended
30-Sep-26 30-Jun-26 30-Sep-25 30-Sep-26 30-Sep-25 31-Mar-2630-Sep-26 30-Jun-26 30-Sep-25 30-Sep-26 30-Sep-25 31-Mar-26
(Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited)
1 Revenue from Operations 1 1,850 1 0,698 10,484 22,548 2 0,324 42,248 13,880 12,485 1 2,049 26,365 2 3,442 49,168
Other Income 114 418 1 68 532 666 1,278 99 63 125 162 238 4 82
2 Total Income (Net) 1 1 ,964 1 1 ,116 1 0 ,652 2 3 ,080 2 0 ,990 4 3 ,526 1 3 ,979 1 2 ,548 1 2 ,174 2 6 ,527 2 3 ,680 4 9 ,650
Expenses
Operating expenses 9,319 8 ,344 8,218 17,663 1 5,922 33,110 11,114 9 ,925 9 ,587 21,039 1 8,710 39,393
Employee benefits expense 725 699 6 76 1 ,424 1 ,328 2,668 770 735 699 1 ,505 1,374 2,760
Depreciation and amortisation expense 337 310 2 68 647 518 1,113 387 361 305 748 593 1,273
Finance Costs 6 0 54 47 114 88 1 78 73 70 59 143 113 2 28
Other Expenses 491 418 4 55 909 808 1,661 553 473 496 1 ,026 881 1,844
3 Total Expenses 1 0 ,932 9 , 825 9 , 664 2 0 ,757 1 8 ,664 3 8 ,730 1 2 ,897 1 1 ,564 1 1 ,146 2 4 ,461 2 1 ,671 4 5 ,498
4 Profit from ordinary Activities before Except 1i,o0n3a2l It e 1 m,s2 &91 tax ( 2 9 -838) 2 ,323 2 ,326 4,796 1 ,082 984 1 ,028 2 ,066 2,009 4,152
5 Add: Share in Net Profit/ (Loss) of JV and Associat -es - - - - - 217 184 232 401 429 8 47
6 Profit from ordinary Activities before tax & exceptional Items (4+5) 1 ,032 1 ,291 9 88 2,323 2 ,326 4,796 1,299 1,168 1 ,260 2,467 2 ,438 4,999
7 Less: Exceptional Items - - - - - - - - - - - -
8 Profit from ordinary Activities before tax (6-7) 1 ,032 1 ,291 9 88 2,323 2 ,326 4,796 1,299 1,168 1 ,260 2,467 2 ,438 4,999
9 Tax Expense - Current Taxes 109 93 1 10 202 196 3 14 122 102 125 224 219 3 57
- MAT Credit - - - - - - (2) (2) (1) (4) ( 1) (2)
-For Deferred Taxes 6 - - 6 10 4 2 10 2 1 12 1 3 44
-For Earlier Years - - - - - - - - - - - 1
10 Net Profit from ordinary activities after tax (8-9) 917 1 , 198 8 78 2 , 115 2 , 120 4 , 440 1 , 169 1 , 066 1 , 135 2 , 235 2 , 207 4 , 599
11 Other Comprehensive Income (33) 38 45 5 48 1 21 (35) 38 44 3 4 7 1 17
12 Total Comprehensive Income, Net of Income Tax (10+11) 884 1 ,236 9 23 2,120 2 ,168 4,561 1,134 1,104 1 ,179 2,238 2 ,254 4,716
13 Net Profit attributable to;
Owner of Transport Corporation of India Limited 1,158 1,057 1 ,126 2,215 2 ,191 4,563
Non-Controlling Interests 11 9 9 20 1 6 36
Total 1,169 1,066 1 ,135 2,235 2 ,207 4,599
14 Other Comprehensive Income attributable to;
Owner of Transport Corporation of India Limited (35) 38 44 3 4 7 1 17
Non-Controlling Interests - - - - - -
Total ( 35) 38 44 3 47 1 17
15 Total Comprehensive Income attributable to;
Owner of Transport Corporation of India Limited 1 ,123 1 ,095 1 ,170 2 ,218 2,238 4,680
Non-Controlling Interests 11 9 9 20 1 6 36
Total 1 , 134 1 , 104 1 , 179 2 , 238 2 , 254 4 , 716
16 Paid Equity Share Capital (Face Value of ₹ 2/-Each) 154 1 54 1 53 1 54 1 53 153 1 54 1 54 1 53 1 54 153 153
17 Other Equity as per the Balance Sheet 25,793 2 1,940 23,655 27,744 2 3,742 25,506
18 Earning Per Share (not annualised) - In ₹
Basic Earning Per Share 11.94 1 5.60 1 1.45 2 7.54 2 7.65 57.89 1 5.08 1 3.77 1 4.69 2 8.85 28.58 59.49
Diluted Earning Per Share 11.92 1 5.58 1 1.43 2 7.50 2 7.59 57.78 1 5.06 1 3.75 1 4.65 2 8.80 28.51 59.38
Notes:-
1 Theaboveunauditedfinancialresultsforthequarterandhalfyearended30thSeptember2026,havebeenreviewedbytheAuditCommitteeandthereafterapprovedbytheBoardofDirectorsoftheCompanyat
theirmeetingsheldon27thOctober2026.Thestatutoryauditorshaveconducteda"LimitedReview"ofthesefinancialresultsintermsofRegulation33ofSEBI(ListingObligationandDisclosureRequirements)
Regulations, 2015.
2 The consolidated figures include financials of its subsidiaries, associate and joint venture.
3 Thefiguresforthequarterended30thSeptember2026&precedingquarterending30thSeptember2025arethebalancingfiguresbetweentheunauditedfiguresforthehalfyearended30thSeptemberandthe
unaudited published figures for the three m
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