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TCI Express has reported a net profit of Rs 21.75 crore for the quarter ended March 31, up 22 per cent against Rs 17.8 crore in the quarter ended March 31, 2018.
The company has reported net sales of Rs 265.84 crore in the last quarter this year, up six per cent compared to the Rs 249.34 crore in the same period last year.
TCI Express has recommended a dividend of 30 per cent or 60 paise for a Rs 2 share, according to the BSE filing. The stock price closed at Rs 360.45 on Wednesday, down Rs 3.65 against the previous close.
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