MC Interview | TCI confident of double-digit growth in FY24 despite slow year: MD Agarwal

MD Vineet Agarwal said the company is aiming for 10-15% growth in FY25

According to Agarwal, the company's finest quarter is from January to March.

Agarwal added that TCI is aiming for a 10-15 percent topline growth in FY25.

Despite a slower pace of business in the first nine months of the current fiscal year, Transport Corporation of India is optimistic about fulfilling its guidance of double-digit growth in both the top and bottom lines.

The logistics and supply chain solutions company does not anticipate any significant effects from challenges in India's exports and e-commerce sectors, according to managing director Vineet Agarwal, who spoke with Moneycontrol.

The company reported a 5.4 percent growth in consolidated revenue to Rs 2,974.6 crore in the first nine months of FY24 and a 5.5 percent growth in consolidated net profit to Rs 251.3 crore.