TCI Express Limited has informed the Exchange regarding Board meeting held on August 14, 2025.
TCIEXP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
TCI Express announced unaudited Q1 FY26 (quarter ended June 30, 2025) results with standalone revenue from operations of Rs 286.75 crores, down from Rs 292.98 crores in Q1 FY25, a decline of about 2.1% year-on-year. Standalone profit after tax rose modestly, reflected in basic EPS of Rs 5.55 (vs Rs 5.38 in Q1 FY25), while consolidated PAT declined (EPS of Rs 5.13 vs Rs 5.82). The Board appointed Mr. Shivi Suri as Chief Operating Officer – Air Cargo and redesignated two senior officials, with Mr. Pabitra Mohan Panda moving to Chief Business Officer and Mr. Ashok Kumar Pandey shifting to Regional Express Manager. Board committees were reconstituted following the demise of Independent Director Mr. Ashok Kumar Ladha in June 2025. The limited review was conducted by Brahmayya & Co., which issued an unmodified conclusion; the prior period had been reviewed by a different firm, indicating a change of statutory auditor.
Slight revenue dip and mixed profit picture make this a flat-to-soft quarter, with the management reshuffle and a new auditor being the more notable governance developments for shareholders to watch. Senior leadership changes in air cargo and sales could signal a strategic focus shift in upcoming quarters.