TCI Q2 : CONS NET PROFIT UP 3.0% AT 116.9 CR (YOY), UP 9.7% (QOQ). MIX (ON 1ST LOOK)

Revenue up 15.2% at ₹1,388 Cr (YOY), up 11.2% (QOQ). Ebitda up 10.8% at ₹154.2 Cr (YOY); margins 11.1% v 11.6% (YOY), 11.3% (QOQ). Board approves secured listed redeemable NCD issue up to ₹300 Cr on private placement basis; ₹150 Cr buyback at ₹960/share in progress.

Transport Corporation of India Ltd

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