Warehousing & Logistics company TCI Express announced Q3FY25 results Total Income for the quarter stood at Rs 299 crore EBITDA for Q3FY25 stood at Rs 33 crore, with an EBITDA margin of 11%. Profit After Tax (PAT) for Q3FY25 was Rs 20.7 crore, with a PAT margin of 6.9%. Chander Agarwal, Managing Director, said: “TCI EXPRESS continued to demonstrate operational resilience and strategic agility in a dynamic market environment. During the quarter, we enhanced our multimodal logistics capabilities, strengthened our metro-city delivery network in the Air Express segment, and advanced automation initiatives to deliver exceptional service to our customers. These efforts underscore our commitment to meeting evolving market needs while maintaining operational efficiency. However, the logistics sector continues to navigate a challenging business landscape with moderating manufacturing activity and evolving consumer trends impacting demand. India’s Manufacturing PMI showed some fluctuations with a slight dip in the index towards the later months, reflecting a marginal slowdown in production levels, while festive season demand in October was softer than expected. November and December experienced a slight slowdown. Additionally, inflationary factors, including annual toll revisions of 8-10%, influenced operating costs in the Surface Express segment. The Air Express division also adjusted to shifts arising from airline consolidations and airport privatization. We are honored to have received significant recognition during the quarter, including the prestigious ‘CII SCALE Award 2024’ from the CII Institute of Logistics for Supply Chain and Logistics Excellence, highlighting the strength of our infrastructure and innovation. Being featured in Forbes India’s Select 200 Companies with Global Business Potential in DGEMS 2024 reflects our growing global presence and strategic positioning. Our CSR efforts were recognized with the ‘Indian CSR Award 2024’ by Brand Honchos, and our workplace culture continues to be acknowledged with the ‘Great Place to Work 2025-26’ certification for the fifth consecutive year, emphasizing our focus on employee well-being and growth. As part of our ongoing commitment to shareholder value, we are pleased to announce a second interim dividend of ?3.00 per share taking the total dividend to Rs. 6.00 per share for the 9MFY25, representing a payout of 300% on the face value, reflecting our confidence in the company’s financial strength and consistent performance. Looking ahead, we remain cautiously optimistic as the anticipated rebound in economic activity, supported by government infrastructure investments and a renewed focus on manufacturing, is expected to create favorable conditions for the logistics sector. The company anticipates a demand recovery with the upcoming budget, expecting fiscal measures to boost industrial output, infrastructure investments, and consumer spending, which will positively impact transportation and logistics activities. We are confident that our ability to leverage technology, enhance our services, and expand our offerings will enable us to continue delivering sustainable value to all stakeholders.” Result PDF