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TCI's Q1FY25 print was weak owing to growing competitive intensity in the B2B express industry, exacerbated by a muted external environment. The management alluded to general elections leading to a temporary reduction in volumes in addition to its key customer segment (SME) facing elevated cost pressures resulting in lower utilization.
The Economic Times

The Economic Times

Buy TCI Express, target price Rs 1,100: Emkay Global Financial Services

TCI's Q1FY25 print was weak owing to growing competitive intensity in the B2B express industry, exacerbated by a muted external environment. The management alluded to general elections leading to a temporary reduction in volumes in addition to its key customer segment (SME) facing elevated cost pressures resulting in lower utilization.

Wed, Aug 14, 2024

TCI Express Q1 Results Live: Revenue decreased by 3.9% YoY & profit decreased by 31.02% YoY
Mint

Mint

TCI Express Q1 Results Live: Profit Falls by 31.02% YoY

TCI Express Q1 Results Live: Revenue decreased by 3.9% YoY & profit decreased by 31.02% YoY

Wed, Aug 14, 2024

Prabhudas Lilladher
Business Line

Business Line

Broker’s call: TCI Express (Buy)

Prabhudas Lilladher

Thu, Jun 27, 2024