Integrated Filing — IndAS

General information about company
Scrip Code	532349
NSE Symbol	TCI
MSEI Symbol	NOTLISTED
ISIN	INE688A01022
Name of company	Transport Corporation of India Limited
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	14-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	26-Mar-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Standalone
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Multi segment
Description of single segment
Start date and time of board meeting	14-May-2025   14:00:00
End date and time of board meeting	14-May-2025   17:35:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion
Whether the company has any related party?	Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?	Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public	NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.	NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)?	No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?	Yes
Latest Date on which RPT policy is updated	2025-01-25
Indicate Company website link for updated RPT policy of the Company	www.tcil.com
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter?	No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity?	No
There has been no default in the Company during the period under consideration. n

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	10045000000	39359000000
	Other income	162000000	1229000000
	Total income	10207000000	40588000000
2	Expenses
(a)	Cost of materials consumed	0	0
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	0	0
(d)	Employee benefit expense	592000000	2395000000
(e)	Finance costs	43000000	150000000
(f)	Depreciation, depletion and amortisation expense	255000000	1060000000
(f)	Other Expenses
1	Operating expenses	7879000000	31163000000
2	Other Expenses	405000000	1439000000
	Total other expenses	8284000000	32602000000
	Total expenses	9174000000	36207000000
3	Total profit before exceptional items and tax	1033000000	4381000000
4	Exceptional items	-18000000	-18000000
5	Total profit before tax	1015000000	4363000000
6	Tax expense
7	Current tax	82000000	368000000
8	Deferred tax	28000000	36000000
9	Total tax expenses	110000000	404000000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	905000000	3959000000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	905000000	3959000000
17	Other comprehensive income net of taxes	21000000	13000000
18	Total Comprehensive Income for the period	926000000	3972000000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent
	Total profit or loss, attributable to non-controlling interests
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent
	Total comprehensive income for the period attributable to owners of parent non-controlling interests
21	Details of equity share capital
	Paid-up equity share capital	153000000	153000000
	Face value of equity share capital	2	2
27	Details of debt securities
22	Reserves excluding revaluation reserve		19662000000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	11.73	51.3
	Diluted earnings (loss) per share from continuing operations	11.7	51.19
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	11.73	51.3
	Diluted earnings (loss) per share from continuing and discontinued operations	11.7	51.19
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		Notes: For notes to financials, kindly refer corporate annoucment on www.bseindia.com/www1.nseindia.com

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	7342000000
	Capital work-in-progress	2529000000
	Investment property
	Goodwill	0
	Other intangible assets	1361000000
	Intangible assets under development
	Biological assets other than bearer plants
	Investments accounted for using equity method
	Non-current financial assets
	Non-current investments	1653000000
	Trade receivables, non-current
	Loans, non-current	145000000
	Other non-current financial assets	64000000
	Total non-current financial assets	1862000000
	Deferred tax assets (net)
	Other non-current assets	401000000
	Total non-current assets	13495000000
2	Current assets
	Inventories	66000000
	Current financial asset
	Current investments	1711000000
	Trade receivables, current	6333000000
	Cash and cash equivalents	327000000
	Bank balance other than cash and cash equivalents	339000000
	Loans, current	17000000
	Other current financial assets	1919000000
	Total current financial assets	10646000000
	Current tax assets (net)	82000000
	Other current assets	430000000
	Total current assets	11224000000
3	Non-current assets classified as held for sale	10000000
4	Regulatory deferral account debit balances and related deferred tax Assets
	Total assets	24729000000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	153000000
	Other equity	19662000000
	Total equity attributable to owners of parent	19815000000
	Non controlling interest
	Total equity	19815000000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	728000000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
	Total Trade payable
	Other non-current financial liabilities	722000000
	Total non-current financial liabilities	1450000000
	Provisions, non-current	76000000
	Deferred tax liabilities (net)	309000000
	Deferred government grants, Non-current
	Other non-current liabilities	18000000
	Total non-current liabilities	1853000000
	Current liabilities
	Current financial liabilities
	Borrowings, current	296000000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	141000000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	499000000
	Total Trade payable	640000000
	Other current financial liabilities	1533000000
	Total current financial liabilities	2469000000
	Other current liabilities	289000000
	Provisions, current	303000000
	Current tax liabilities (Net)
	Deferred government grants, Current
	Total current liabilities	3061000000
3	Liabilities directly associated with assets in disposal group classified as held for sale
4	Regulatory deferral account credit balances and related deferred tax liability
	Total liabilities	4914000000
	Total equity and liabilites	24729000000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Standalone	Standalone
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	Freight Division	4414000000	17447000000
2	Supply Chain Solutions Division	4231000000	16429000000
3	Seaways Division	1597000000	6199000000
4	Energy Divison	8000000	45000000
5	Unallocable & Corporate	140000000	1189000000
	Total Segment Revenue	10390000000	41309000000
	Less: Inter segment revenue	183000000	183000000
	Revenue from operations	10207000000	40588000000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	Freight Division	116000000	479000000
2	Supply Chain Solutions Division	270000000	1024000000
3	Seaways Division	582000000	2003000000
4	Energy Divison	1000000	18000000
5	Unallocable & Corporate	0	0
	Total Profit before tax	969000000	3524000000
	i. Finance cost	43000000	43000000
	ii. Other Unallocable Expenditure net off Unallocable income	-89000000	-89000000
	Profit before tax	1015000000	4363000000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	Freight Division	3588000000	3588000000
2	Supply Chain Solutions Division	7718000000	7718000000
3	Seaways Division	4010000000	4010000000
4	Energy Divison	45000000	45000000
5	Unallocable & Corporate	8937000000	8937000000
	Total Segment Asset	24298000000	24298000000
	Un-allocable Assets	0	0
	Net Segment Asset	24298000000	24298000000
4	Segment Liabilities
	Segment Liabilities
1	Freight Division	528000000	528000000
2	Supply Chain Solutions Division	2131000000	2131000000
3	Seaways Division	366000000	366000000
4	Energy Divison	2000000	2000000
5	Unallocable & Corporate	554000000	554000000
	Total Segment Liabilities	3581000000	3581000000
	Un-allocable Liabilities	0	0
	Net Segment Liabilities	3581000000	3581000000
	Disclosure of notes on segments

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Change in fair value of Equity Instruments designated as fair value through OCI	12000000	24000000
2	Gain/(Loss) on sale of Investment classified at FVTOCI	0	4000000
3	Remeasurements of Post-Employment Benefit obligations	15000000	-19000000
	Total Amount of items that will not be reclassified to profit and loss	27000000	9000000
2	Income tax relating to items that will not be reclassified to profit or loss	6000000	-4000000
3	Amount of items that will be reclassified to profit and loss
	Total Amount of items that will be reclassified to profit and loss
4	Income tax relating to items that will be reclassified to profit or loss
5	Total Other comprehensive income	21000000	13000000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Standalone
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			4363000000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			150000000
	Adjustments for decrease (increase) in inventories			40000000
	Adjustments for decrease (increase) in trade receivables, current			-1050000000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			216000000
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			-377000000
	Adjustments for other bank balances			-214000000
	Adjustments for increase (decrease) in trade payables, current			146000000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			-123000000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			1060000000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			66000000
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			416000000
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			-1000000
	Adjustments for dividend income			761000000
	Adjustments for interest income			231000000
	Adjustments for share-based payments			58000000
	Adjustments for fair value losses (gains)			0
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			10000000
	Other adjustments to reconcile profit (loss)			-23000000
	Other adjustments for non-cash items			-1000000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			-619000000
	Net cash flows from (used in) operations			3744000000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			337000000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			3407000000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			495000000
	Other cash receipts from sales of equity or debt instruments of other entities			1634000000
	Other cash payments to acquire equity or debt instruments of other entities			119000000
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			73000000
	Purchase of property, plant and equipment			3283000000
	Proceeds from sales of investment property			290000000
	Purchase of investment property			10000000
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			150000000
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			761000000
	Interest received			223000000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			21000000
	Net cash flows from (used in) investing activities	-1055000000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			0
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			1972000000
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			49000000
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			463000000
	Repayments of borrowings			327000000
	Payments of lease liabilities			119000000
	Dividends paid			768000000
	Interest paid			92000000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			-2766000000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-414000000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			-414000000
	Cash and cash equivalents cash flow statement at beginning of period			741000000
	Cash and cash equivalents cash flow statement at end of period			327000000