TCI Express posts 10.8% EBITDA growth as air and e-commerce services expand

TCI Express reported an 8.9% year-on-year increase in standalone revenue to ₹335.9 crore for the quarter ended 30 September 2026, supported by growth across its surface, air and e-commerce express businesses. Earnings before interest, taxes, depreciation and amortisation (EBITDA) rose 10.8% to ₹43 crore.

The Gurugram-based express distribution company announced the results on 5 November. Net profit stood at ₹26.7 crore, while the reported EBITDA margin reached 12.7%, its highest level in five quarters.

E-commerce Express recorded the fastest expansion, with revenue increasing 51.6% year on year. Domestic Air Express grew 29.4%, while International Air Express rose 26.1%.

Surface Express, the company’s largest business, increased revenue by 9.4%. Its performance remained central to overall growth despite the higher expansion rates recorded by air and e-commerce services.

This story was originally published by Maritime Gateway. Read the full story at Maritime Gateway →