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	Consolidated
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   02:00:00
End date and time of board meeting	14-May-2025   05:35:00
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

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	Consolidated	Consolidated
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	11788000000	44918000000
	Other income	184000000	467000000
	Total income	11972000000	45385000000
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	619000000	2497000000
(e)	Finance costs	55000000	202000000
(f)	Depreciation, depletion and amortisation expense	292000000	1178000000
(f)	Other Expenses
1	Operating expenses	9502000000	36238000000
2	Other Expenses	450000000	1572000000
	Total other expenses	9952000000	37810000000
	Total expenses	10918000000	41687000000
3	Total profit before exceptional items and tax	1054000000	3698000000
4	Exceptional items	0	0
5	Total profit before tax	1054000000	3698000000
6	Tax expense
7	Current tax	91000000	394000000
8	Deferred tax	30000000	39000000
9	Total tax expenses	121000000	433000000
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	933000000	3265000000
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	218000000	896000000
16	Total profit (loss) for period	1151000000	4161000000
17	Other comprehensive income net of taxes	20000000	12000000
18	Total Comprehensive Income for the period	1171000000	4173000000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	1142000000	4125000000
	Total profit or loss, attributable to non-controlling interests	9000000	9000000
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	1162000000	4137000000
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	9000000	36000000
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		21394000000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	14.8	53.43
	Diluted earnings (loss) per share from continuing operations	14.77	53.32
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	14.8	53.43
	Diluted earnings (loss) per share from continuing and discontinued operations	14.77	53.32
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		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	8227000000
	Capital work-in-progress	2550000000
	Investment property
	Goodwill	0
	Other intangible assets	1410000000
	Intangible assets under development
	Biological assets other than bearer plants
	Investments accounted for using equity method
	Non-current financial assets
	Non-current investments	2400000000
	Trade receivables, non-current
	Loans, non-current	0
	Other non-current financial assets	84000000
	Total non-current financial assets	2484000000
	Deferred tax assets (net)
	Other non-current assets	531000000
	Total non-current assets	15202000000
2	Current assets
	Inventories	66000000
	Current financial asset
	Current investments	1711000000
	Trade receivables, current	7219000000
	Cash and cash equivalents	510000000
	Bank balance other than cash and cash equivalents	339000000
	Loans, current	17000000
	Other current financial assets	1975000000
	Total current financial assets	11771000000
	Current tax assets (net)	171000000
	Other current assets	576000000
	Total current assets	12584000000
3	Non-current assets classified as held for sale	10000000
4	Regulatory deferral account debit balances and related deferred tax Assets
	Total assets	27796000000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	153000000
	Other equity	21394000000
	Total equity attributable to owners of parent	21547000000
	Non controlling interest	363000000
	Total equity	21910000000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	1021000000
	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	759000000
	Total non-current financial liabilities	1780000000
	Provisions, non-current	76000000
	Deferred tax liabilities (net)	364000000
	Deferred government grants, Non-current
	Other non-current liabilities	18000000
	Total non-current liabilities	2238000000
	Current liabilities
	Current financial liabilities
	Borrowings, current	531000000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	197000000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	868000000
	Total Trade payable	1065000000
	Other current financial liabilities	1438000000
	Total current financial liabilities	3034000000
	Other current liabilities	305000000
	Provisions, current	309000000
	Current tax liabilities (Net)
	Deferred government grants, Current
	Total current liabilities	3648000000
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	5886000000
	Total equity and liabilites	27796000000
	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		Consolidated	Consolidated
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	Freight Division	5736000000	22113000000
2	Supply Chain Solutions Division	4801000000	17771000000
3	Seaways Division	1597000000	6199000000
4	Energy Divison	8000000	45000000
5	Unallocable & Corporate	140000000	447000000
	Total Segment Revenue	12282000000	46575000000
	Less: Inter segment revenue	310000000	310000000
	Revenue from operations	11972000000	45385000000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	Freight Division	132000000	572000000
2	Supply Chain Solutions Division	287000000	1064000000
3	Seaways Division	582000000	2003000000
4	Energy Divison	1000000	18000000
5	Unallocable & Corporate	0	0
	Total Profit before tax	1002000000	3657000000
	i. Finance cost	55000000	55000000
	ii. Other Unallocable Expenditure net off Unallocable income	-325000000	-325000000
	Profit before tax	1272000000	4594000000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	Freight Division	4335000000	4335000000
2	Supply Chain Solutions Division	8439000000	8439000000
3	Seaways Division	4010000000	4010000000
4	Energy Divison	45000000	45000000
5	Unallocable & Corporate	10967000000	10967000000
	Total Segment Asset	27796000000	27796000000
	Un-allocable Assets	0	0
	Net Segment Asset	27796000000	27796000000
4	Segment Liabilities
	Segment Liabilities
1	Freight Division	718000000	718000000
2	Supply Chain Solutions Division	2135000000	2135000000
3	Seaways Division	366000000	366000000
4	Energy Divison	2000000	2000000
5	Unallocable & Corporate	750000000	750000000
	Total Segment Liabilities	3971000000	3971000000
	Un-allocable Liabilities	0	0
	Net Segment Liabilities	3971000000	3971000000
	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	Consolidated	Consolidated
	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	14000000	-20000000
	Total Amount of items that will not be reclassified to profit and loss	26000000	8000000
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	20000000	12000000

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			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			3698000000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			201000000
	Adjustments for decrease (increase) in inventories			40000000
	Adjustments for decrease (increase) in trade receivables, current			-1230000000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			199000000
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			-418000000
	Adjustments for other bank balances			-214000000
	Adjustments for increase (decrease) in trade payables, current			408000000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			-117000000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			1178000000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			68000000
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			345000000
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			-1000000
	Adjustments for dividend income			0
	Adjustments for interest income			234000000
	Adjustments for share-based payments			62000000
	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			0
	Other adjustments to reconcile profit (loss)			-38000000
	Other adjustments for non-cash items			20000000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			269000000
	Net cash flows from (used in) operations			3967000000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			375000000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			3592000000
	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			0
	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			48000000
	Purchase of property, plant and equipment			3540000000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	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			5000000
	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			743000000
	Interest received			225000000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			21000000
	Net cash flows from (used in) investing activities	-993000000
	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			46000000
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			491000000
	Repayments of borrowings			442000000
	Payments of lease liabilities			128000000
	Dividends paid			774000000
	Interest paid			141000000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			-2920000000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-321000000
	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			-321000000
	Cash and cash equivalents cash flow statement at beginning of period			831000000
	Cash and cash equivalents cash flow statement at end of period			510000000