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This is an archive article published on May 22, 2010

TCIs PAT surges by 52

Transport Corporation of India has announced its annual audited financial results for the fiscal 2009-2010.

Transport Corporation of India has announced its annual audited financial results for the fiscal 2009-2010.

The full year Profit After Tax for the Standalone entity has increased by 51.66 to Rs.42.98 Cr. from Rs. 28.34 Cr. while the Net Sales/Income from Operations during 2009-10 has grown by 11.51 to Rs. 1454.61 Cr. against Rs 1304.42 Cr.

The companys Profit After Tax for the 4th Quarter ended 31 March,2010,rose by 12 to Rs. 12.53 Cr. from Rs. 11.19 Cr. The companys consolidated revenues increased by 12.75 from Rs 1358 Cr to Rs 1531.40 Cr and consolidated PAT was reported at Rs 41.02 Cr.

Commenting on the companys performance,D P Agarwal,Vice Chairman and Managing Director TCI said,We have witnessed a significant momentum this fiscal both in revenues and profitability,which can be ascribed to the growth in our XPS and Supply Chain Solutions divisions.

 

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