• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Kolkata May 23 Transport Corporation of India posted more than 52 per cent growth in profit after tax at Rs 30.15 crore (Rs 19.83 crore), excluding extraordinary other income of Rs 42 lakh (Rs 7 crore) in 2006-07.

Profit before tax jumped by more than 45 per cent to Rs 43.6 crore (Rs 30.09 crore). Net sales/income from operations amounted to Rs 1,089 crore (Rs 907 crore), a 20 per cent growth, according to company sources. The company thus crossed Rs 1,000 crore of freight revenue during the year.

Mr D.P. Agarwal, Vice Chairman and Managing Director, said: "We've strategically planned to diversify and consolidate presence in certain identified spheres such as warehousing, shipping, express delivery and supply chain solutions and we're confident of achieving a steady growth of 25 to 30 per cent on year to year."

More Stories on : Supply Chain Management | Financial Performance

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Divi's Labs Q4 net up 4 times; to split shares

Copyright © 2007, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line