655.3000 -18.40 (-2.73%)
NSE May 09, 2025 15:31 PM
Volume: 19,542
 

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TCI Express Ltd.
07 Feb 2025
655.30
-2.73%
ICICI Securities Limited
TCI Express’ (TCIE) Q3FY25 EBITDA of INR 289mn was 22.9% below our estimates. Volume declined 3.2% YoY due to subdued demand. EBITDA margin slipped to 9.8% (lowest since Q2FY21) on account of a volume dip, higher operating costs and unabsorbed fixed cost.
Number of FII/FPI investors decreased from 53 to 47 in Mar 2025 qtr
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