BSECompany Update6 Aug 2026 · 6 Aug 2026, 04:10 pm
Press Release on Un-Audited Financial Results_Q1 FY 2026-27.
TCI Express Ltd · 540212
✦ AI Summary▲ PositiveResults
TCI Express Ltd reported Q1 FY2027 unaudited financial results, with revenue from operations at Rs. 312 Crores, EBITDA at Rs. 37 Crores, and PAT at Rs. 22 Crores. The company's E-Commerce Express segment surged 63% YoY, while Surface Express and Domestic Air Express recorded 8.7% and 27.3% YoY growth, respectively.
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TCI Express Ltd - 540212 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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Dated: August 06, 2026
Listing Department Listing Department
BSE Limited 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: 540212 Scrip Symbol: TCIEXP
Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015
Dear Sir/Madam,
In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015,
please find enclosed herewith the Press Release on the Un-Audited Financial Results (Standalone and Consolidated) of
the Company for the first quarter ended June 30, 2026
We request you to kindly take the above information on records.
Thanking you,
For TCI Express Limited
PRIYANKA
(Company Secretary & Compliance Officer)
Encl: as above
91 40 27840104
Website: www.tciexpress.in
Corporate Office: Plot No. 84, 3rd Floor, Sector 32, Institutional Area, Gurugram - 122001, India
Tel.: +91-124-2384090-94 • Email: info@tciexpress.in • CIN: L62200TG2008PLC061781
Registered Office: Flat Nos. 306 & 307, 1-8-273, Third Floor, Ashoka Bhoopal Chambers,
S. P. Road, Secunderabad – 500003 • Tel.: ++91 40 27840104
Press Release August 6, 2026
TCI Express Limited
Plot 84, Institutional Area, Sector 32, Gurugram - 122001, Haryana, India
TCI EXPRESS Delivers Strong Q1 FY27 Growth; E-Commerce Express
Surges 63% as Branch Network Crosses 1,000 Locations
Gurugram, India, August 6, 2026: TCI Express Ltd. (“TCI EXPRESS”, NSE: TCIEXP; BSE:
540212), India’s leading express distribution company, today announced its unaudited financial
results for the quarter ended June 30, 2026.
During Q1 FY27, TCI EXPRESS extended its multimodal reach across Surface, Rail, Domestic Air,
International Air, C2C and E-Commerce, crossing 1,000 branches nationwide through continued
network expansion and technology integration. The quarter’s standout performer was E-Commerce
Express, which surged 63.0% YoY to become the Company’s fastest-growing segment.
Growth was underpinned by customer additions, deeper traction across key verticals, automation-led
process enhancements, as well as continued investment in network optimisation and technology-
enabled logistics solutions.
Commenting on the performance, Mr. Chander Agarwal, Managing Director of TCI EXPRESS,
said:
“The first quarter of FY2027 marked a positive start to the year for TCI EXPRESS, with the Company
reporting Total Income of Rs. 315.3 crore, reflecting YoY growth of 8.7%. Performance was supported
by customer additions, network expansion and strong demand across e-commerce, manufacturing,
pharmaceuticals, automotive and SME led shipments. Despite elevated operating costs and
competitive pricing across certain segments, the Company remained focused on service quality,
technology adoption and network efficiency to drive business growth.
Surface Express continued to be the largest contributor to the Company's operations, recording 8.7%
YoY growth, supported by higher volumes from existing customers, new account additions and steady
demand across key industrial sectors. During the quarter, the Company strengthened its operating
footprint through branch expansion and the opening of new facilities at strategic industrial locations,
enhancing service reach across key commercial corridors.
Domestic Air Express benefited from customer additions, expansion of enterprise accounts,
expanded direct airport delivery coverage and automation of key operational processes. International
Air Express recorded 27.3% YoY growth, supported by new customer additions, customer win-backs
and expanded partnerships with global carriers.
E-Commerce Express emerged as the fastest growing business this quarter, up 63.0% YoY, while
C2C Express and Rail Express continued to strengthen their network presence and operational
capabilities through branch expansion and technology integration.
Press Release August 6, 2026
The Company maintained a debt-free balance sheet while investing in technology-led initiatives,
automation and network expansion to strengthen its multimodal logistics capabilities. Going forward,
TCI EXPRESS plans to expand its dedicated Air Express network, establish standalone air cargo
hubs and introduce differentiated service offerings to further strengthen its position in the time-
sensitive logistics segment.
Alongside its business initiatives, the Company continued its commitment towards community
development through the TCI Express Foundation. During the quarter, the Artificial Limb Centre in
Lucknow supported 217 beneficiaries, while the Archery Academy in Khunti, Jharkhand, provided
structured coaching and training to 50 beneficiaries. Backed by a strong balance sheet, an expanding
network and continued investments in technology and infrastructure, TCI EXPRESS remains focused
on creating long-term value for its customers and stakeholders.”
Performance Highlights: Q1 FY2027 vs. Q1 FY2026
▪ Revenue from operations of Rs. 312 Crores compared to Rs. 287 Crores
▪ EBITDA of Rs. 37 Crores compared to Rs. 33 Crores
▪ EBITDA margin was 11.7%
▪ PAT of Rs. 22 Crores with margin at 7.1%
Key Operational Highlights
▪ Total Income for the quarter was Rs. 315.3 Crores
▪ Surface Express maintained healthy business momentum during the quarter, supported by customer
additions, expansion of the branch network with 9 new branches and continued focus on operational
efficiency
▪ Domestic Air Express delivered strong operational performance, driven by customer acquisition,
strategic airline partnerships, digital automation initiatives and enhanced airport connectivity
▪ International Air Express strengthened global connectivity through strategic carrier partnerships,
export hub consolidation and enhanced digital platform integration
▪ Rail Express expanded its operational footprint with the addition of 10 new branches, improving
pickup density and strengthening multimodal connectivity across key commercial corridors
▪ E-Commerce continued to witness strong business momentum, supported by expansion of B2C last-
mile delivery capabilities, technology-enabled operations and continued network expansion initiatives
▪ Overall business momentum remained healthy during the quarter, driven by customer additions,
expansion of the Company's branch network to over 1,000 locations and continued technology-led
operational enhancements across business verticals
Press Release August 6, 2026
About TCI EXPRESS:
TCI EXPRESS is India’s leading time-definite express logistics company, offering integrated multimodal
logistics solutions across Surface, Rail, Air, C2C and E-Commerce services. With over 1,000 company-
owned branches covering 60,000+ locations, the Company provides reliable, technology-enabled and
customer-centric logistics solutions across India and international markets. TCI EXPRESS operates
through an asset-light and fully containerised model supported by automation, ERP-led operations and
digital integration platforms to enhance operational efficiency and service reliability. The Company
serves a diversified customer base across industries including automotive, pharmaceuticals,
engineering, defence, renewable energy, consumer goods, retail and e-commerce.
For more information please contact:
Mukti Lal
Executive Director & CFO, TCI EXPRESS Abhishek Dakoria / Kapil Juneja
+91 124 238 4090 - 4094 +91 99454 72589
mukti.lal@tciexpress.in tciexpress@churchgatepartners.com
Safe Harbour:
This release contains statements that contain “forward-looking statements” including, but without
limitation, statements relating to the implementation of strategic initiatives and other statements
relating to TCI EXPRESS’ future business developments and economic performance. While these
forward-looking statements indicate our assessment and future expectations concerning the
development of our business, several risks, uncertainties and other unknown factors could cause
actual de
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