Please refer outcome of Board Meeting for Committee Meeting constitution
TCIEXP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
TCI Express reported audited FY2026 results with standalone revenue of Rs 1,236.16 crore (up 2.3% from Rs 1,208.27 crore) and net profit of Rs 89.84 crore (up 10.3% from Rs 81.43 crore). Consolidated net profit stood at Rs 90.77 crore. The Board re-appointed Mr. Chander Agarwal as Managing Director for 5 years from August 2026 and Mr. Vineet Agarwal as Director. Two new Non-Executive Independent Directors were appointed: Mr. Pavan Kumar Munjuluri and Mr. Vikram Singh Mehta for 5-year terms. The company granted 46,200 stock options at Rs 250 per option under ESOP 2016 (10th Tranche) and constituted an Executive Committee for operational management. A pending GST demand of Rs 51.36 crore (related to reverse charge mechanism on GTA supplies from July 2017 to March 2022) remains under appeal after initial rejection, with management confident of prevailing.
Strong financial performance with ~10% profit growth is positive for shareholders. Leadership continuity through director re-appointments and new independent directors strengthens governance. The GST demand remains a contingent liability but management expects a favorable outcome.