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Express LimitedMain BoardEquity2025-04-012026-03-312026-05-272026-05-17INRCroresQuarterlyFourth quarterSingle segmentExpress Cargo2026-05-2713:00:002026-05-2716:55:00trueCash Flow IndirectDeclaration of unmodified opiniontruetrueNANAfalsetrue2026-02-03https://www.tciexpress.in/corporate-governance-policy?invid=10&key=d3d9446802a44259755d38e6d163e820falsefalseThere is no default made by the Company during the period under consideration.2026-01-012026-03-31AuditedStandalone3268300000429000003311200000000368000000104000009110000025692000003038700000272500000027250000077900000-13100000648000000207700000000020770000055000002132000007680000025.415.4005.415.41. The above audited Financial Results of the Company for the quarter and year ended 31st March 2026 were reveiwed by the Audit Committee and thereafter approved by the Board of Directors of the Company at their respective meetings held on 27th May 2026. The Statutory Auditors of the Company have carried out the audit of the above financial results. <BR> <BR> 2.These results have been prepared in accordance with the Companies (Indian Accounting Standards ) Rules, 2015 (Ind AS) prescribed under section 133 of the Companies Act 2013 and other recognised accounting practices to the extent applicable. <BR> <BR> 3.The figures for the quarter ended 31st March 2026 and peceeding quarter ended 31st March 2025 are the balancing figures between the audited year to date figures for the year ended 31st March and unaudited published figures for the nine month ended 31st December of the respective financial years. The figures for the corresponding previous periods have been regrouped and reclassified wherever necessary, to make them comparable. <BR> <BR> 4.The consolidated figures include financials of its subsidiaries. <BR> <BR> 5. Exceptional item represents the impairment of investment amounting to INR 2.28 crores for the quarter and year ended 31st March 2026. <BR> <BR> 6.During the financial year 2024-2025, the Additional Commissioner of Central Goods and Services tax, Gurugram Commissionerate had issued a demand order dated 14th December, 2024 and raised a GST tax liability of INR 51.36 crores, along with applicable interest and penalty, for the period from 1st July, 2017 to 31st March, 2022. It states that the Assessee has not discharged its Goods and Service tax liability under Reverse Charge (RCM) on GTA supplies received from its transporters, thereby, resulting in non-payment of GST. <BR> In response to the said demand order the company had preferred an appeal before the Commissioner (Appeals) CGST, which was rejected vide order dated 30th December, 2025. Based on the underlying facts, applicable laws and industry standards, the Company is confident of prevailing against the department’s position in the Appellate Proceedings and does not anticipate any adverse financial outcome. <BR> <BR> 7.As  the  Company's  main  business  activity falls  with in  a single  primary  Business  segment viz. Express Cargo, the disclosure requirements of Segment Reporting as per Indian Accounting Standard-108 are not applicable. 2025-04-012026-03-31AuditedStandalone123616000001426000001250420000000014047000001870000025390000096392000001131650000011877000000118770000027560000013700000289300000089840000000008984000003900000902300000768000002023.3923.350023.3923.35Operating Expenses2346400000Other Expenses222800000Operating Expenses8869600000Other Expenses76960000049278000002854000000012300000000378800000002464000006252000000585070000001209600000238630000011460000039300000330000034130000040944000005600000041504000000010001100000768000008211400000828820000082882000000000204400000204400000306000001629000000397900000975000002210000078990000081200000010760000010171000002373000006060000000131500000000171290000010001100000Other financial Assets76900000Other non-current financial assets169500000other financial asset225000000Other current assets116300000Other non-current financial liabilities204400000other financial liabilities107600000Other current liabilities237300000187000000-1587000000-1308000000000-3950000025320000000253900000304000000000002300000630000000-120800000052000000115600000130330000000026530000001038000000000000009700000794000000000000000000000001380000000152100000-6184000000000001740000000081800000345700000000-410100000950000009500000105100000114600000Fair value of equity instruments through other comprehensive income-16700000Re-measurement of defined benefit liability241000007400000Fair value of equity instruments through other comprehensive income-3100000Re-measurement of defined benefit liability830000052000001900000130000055000003900000TCI Express Limited******Transystem Logistics International Pvt. Ltd******Entity is controlled by or has significant influenceSale of goods or services20000000Approved by Audit Committee25000000800000TCI Express Limited******Transport Corporation of India Ltd******Entity is controlled by or has significant influenceAny other transactionRent Payment30000000Approved by Audit Committee750000001100000TCI Express Limited******Transport Corporation of India Ltd******Entity is controlled by or has significant influenceAny other transactionBusiness support services60000000Approved by Audit Committee190000002200000018900000TCI Express Limited******Transport Corporation of India Ltd******Entity is controlled by or has significant influenceSale of goods or services15000000Approved by Audit Committee100000000TCI Express Limited******Transport Corporation of India Ltd******Entity is controlled by or has significant influencePurchase of goods or services25800000Approved by Audit Committee1460000000TCI Express Limited******Transport Corporation of India Ltd******Entity is controlled by or has significant influenceAny other transactionRent Income25000000Approved by Audit Committee61000002400000900000TCI Express Limited******Bhoruka Charitable Trust******Entity is controlled by or has significant influenceAny other transactionRent Payment3900000Approved by Audit Committee160000000TCI Express Limited******Dharmpal & Sons (HUF) ******Promoter GroupAny other transactionRent Payment500000Approved by Audit Committee20000000TCI Express Limited******TCI Developers Limited ******Entity is controlled by or has significant influenceAny other transactionRent Payment11000000Approved by Audit Committee190000000TCI Express Limited******TCI Developers Limited ******Entity is controlled by or has significant influenceAny other transactionProject Management including Maintenance Services 15000000Approved by Audit Committee021000005100000TCI Express Limited******TCI Developers Limited ******Entity is controlled by or has significant influenceAny other transactionRent Payment10000000Approved by Audit Committee 30000000TCI Express Limited******TCI Properties (Guj) – Partnership firm ******Entity is controlled by or has significant influenceAny other transactionRent Payment4600000Approved by Audit Committee 240000000TCI Express Limited******TCI Properties (Delhi) – Partnership firm******Entity is controlled by or has significant influenceAny other transactionRent Payment18100000Approved by Audit Committee 900000000TCI Express Limited******TCI Warehousing (MH)- Partnership firm******Entity is controlled by or has significant influenceAny other transactionRent Payment700000Approved by Audit Committee 40000000TCI Express Limited******XPS Cargo Services Ltd******Entity is controlled by or has significant influenceAny other transactionRent Payment29600000Approved by Audit Committee 1440000000TCI Express Limited******TCI Properties (West) Ltd******Entity is controlled by or has significant influenceAny other transactionRent Payment700000Approved by Audit Committee 20000000TCI Express Limited******TCI Distribution Centres Ltd******Entity is controlled by or has significant influenceAny other transactionRent Payment1800000Approved by Audit Committee 80000000TCI Express Limited******Mr Chander Agarwal******Key management personnel-Promoter & Managing DirectorAny other transactionRent Payment1000000Approved by Audit Committee 50000000TCI Express Limited******Mr Chander Agarwal******Key management personnel-Promoter & Managing DirectorRemuneration31000000Approved by Audit Committee 3100000000TCI Express Limited******Mr Chander Agarwal******Key management personnel-Promoter & Managing DirectorAny other transactionCommission40000000Approved by Audit Committee 0040000000TCI Express Limited******Mr Dharmpal Agarwal ******Key management personnel- Non Executive Director & PromoterAny other transactionCommission600000Approved by Audit Committee 00600000TCI Express Limited******Mr Vineet Agarwal******Key management personnel- Non Executive Director & PromoterAny other transactionCommission600000Approved by Audit Committee 00600000TCI Express Limited******Chander Assets Management Welfare Trust******Entity is controlled by or has significant influenceAny other transactionRent Payment19900000Approved by Audit Committee 990000000TCI Express Limited******TCI Chemlog Pvt Ltd******Entity is controlled by or has significant influenceAny other transactionRent Income100000Approved by Audit Committee 00100000TCI Express Limited******TCI Express Foundation******Entity is controlled by or has significant influenceAny other transactionCSR contribution related to FY 2024-25 (lying in unspent CSR A/C)35000000Approved by Audit Committee 100000004500000TCI Express Limited******TCI Foundation******Entity is controlled by or has significant influenceAny other transactionCSR contribution related to FY 2024-25 (lying in unspent CSR A/C)35000000Approved by Audit Committee 1000000000TCI Express Limited******TCI Express Foundation******Entity is controlled by or has significant influenceAny other transactionCSR contribution related to FY 2025-26 (lying in unspent CSR A/C)32000000Approved by Audit Committee 1100000030900000TCI Express Limited******TCI EX Realty Pvt Ltd******Entity is controlled by or has significant influenceAny other transactionProject Management including Maintenance Services 15000000Approved by Audit Committee 880000044000000TCI Express Limited******TCI Express Pte. Ltd******Wholly owned SubsidiaryAny other transactionIssuance of Corporate Guarantee339900000Approved by Audit Committee 27430000000TCI Express Limited******TCI Express Pte. Ltd******Wholly owned SubsidiaryAny other transactionCorporate Guarantee Commission10000000Approved by Audit Committee 120000000TCI Express Limited******Bhoruka Charitable Trust******Entity is controlled by or has significant influenceAny other transactionRent Payment10000000Approved by Audit Committee 40000000TCI Express Limited******TCI EX Realty Pvt Ltd******Entity is controlled by or has significant influenceAny other transactionRent Payment10000000Approved by Audit Committee 160000000TCI Express Limited******TCI Chemlog Pvt Ltd******Entity is controlled by or has significant influenceSale of goods or services10000000Approved by Audit Committee 10000000TCI Express Limited******XPS Cargo Services Ltd******Entity is controlled by or has significant influenceAny other transactionReturn of advance for landlord deposit0Not applicable063000006300000TCI Express Limited******TCI Properties (Delhi) – Partnership firm******Entity is controlled by or has significant influenceAny other transactionReturn of advance for landlord deposit0Not applicable068000006800000TCI Express Limited******TCI Developers Limited******Entity is controlled by or has significant influenceAny other transactionReturn of advance for landlord deposit0Not applicable045000003700000TCI Express Limited******Bhoruka Charitable Trust******Entity is controlled by or has significant influenceAny other transactionReturn of advance for landlord deposit0Not applicable011000001100000TCI Express Limited******Chander Agarwal******Key management personnel-Promoter & Managing DirectorAny other transactionReturn of advance for landlord deposit0Not applicable0500000500000TCI Express Limited******TCI Foundation******Entity is controlled by or has significant influenceAny other transactionReturn of advance for landlord deposit0Not applicable02000000TCI Express Limited******TCI Properties (West) Ltd******Entity is controlled by or has significant influenceAny other transactionReturn of advance for landlord deposit0Not applicable0100000100000TCI Express Limited******TCI Warehousing (MH)- Partnership firm******Entity is controlled by or has significant influenceAny other transactionReturn of advance for landlord deposit0Not applicable0200000100000TCI Express Limited******TCI Properties (Guj) – Partnership firm******Entity is controlled by or has significant influenceAny other transactionReturn of advance for landlord deposit0Not applicable018000001700000TCI Express Limited******Chander Assets Management Welfare Trust******Entity is controlled by or has significant influenceAny other transactionReturn of advance for landlord deposit0Not applicable000TCI Express Limited******TCI Express Group Employees Benevolent fund******Employee welfare fund setup by the Company Any other transactionContribution to Benvolent Fund Trust2500000Not applicable250000040000000TCI Express Limited******TCI Express Limited Gratuity Fund Trust******Employee welfare fund setup by the Company Any other transactionClaim paid through Gratuity Fund Trust28000000Not applicable280000002300000013500000452300000AuditedtrueM/s. Brahmayya & Co., Chartered Accountanttrue2027-04-30