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Transport Corporation of India Limited Q3 revenues up by 5%
January 30, 2013January 30, 2013by In ECONOMY & POLICY

Transport Corporation of India Limited Q3 revenues up by 5%

TCI, India's leading integrated supply chain and logistics solutions provider today announced its financial result for the quarter / Nine months ended December 31, 2012. The company's total revenue for the third quarter registered a growth of 5.33% rising to Rs. 491.91 crore from Rs. 467 crore in the corresponding period last year. It has registered a decline in EBITDA margin for the period to Rs. 34.25 crore from Rs. 38.56 crore in the corresponding quarter last year due to prolonged economic s

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Infrascape 2013 | We do not expect any dramatic imp­rovement in 2013
January 1, 2013January 1, 2013by In Infrastructure Finance

Infrascape 2013 | We do not expect any dramatic imp­rovement in 2013

The year 2012 has been a challenging year for the logistics sector as the economic slowdown affected manufacturing leading to general decline in the movements of goods across sectors like auto, commercial vehicles, heavy engineering and capital goods. Tight credit situ­ation, no major policy reforms and weak demand made the situ­ation further difficult for the sector.