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TCI net profit up 40 pc

Our Bureau

Mumbai , June 30

TRANSPORT Corporation of India has recorded a profit after tax of Rs 10.55 crore in fiscal 2004-05, representing a 40 per cent growth on the Rs 7.53 crore posted in the previous year.

The income from operations during the year was at Rs 735.89 crore, registering a 16 per cent increase on the Rs 633.84 crore recorded in 2003-04, an official release said.

Earnings per share also increased 40 per cent at Rs 10.05 as against Rs 7.17 in the previous financial year.

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