TCIEXPRESS, a specialist and leader in time-definite express distribution in India, has announced its financial results for the quarter ended June 30, 2017. This quarter has shown strong revenue growth with 15.71 per cent against the same quarter of last year. EBIDTA for quarter under review stands at Rs18.92 crore registering a sterling growth of 55.59 per cent over corresponding quarter of last year. Profit After Tax (PAT) also jumped by 75 per cent to Rs 12.12 crore for the quarter as compared to same quarter of last year.
Commenting on the results, Chander Agarwal, Managing Director, TCIEXPRESS said, “With our successful planning of being GST ready, and crossing the milestone without any difficulties, we continue to stride on the growth trajectory in this quarter. Business has increased through internal efforts using web-based CRM and economy conditions in general. We continue to leverage IT in operations, business generation and accounting.”