Transport Corporation of India Limited has informed the Exchange about Options to purchase securities - Approval of grant of ESOPs under ESOP Plan 2017
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Transport Corporation of India reported audited consolidated results for FY2026 with total income of Rs. 49,650 million, up from Rs. 45,385 million in FY2025, representing about 9% growth. Consolidated net profit after tax stood at Rs. 4,173 million. Standalone net profit was Rs. 4,363 million with diluted EPS of Rs. 51.19. The Board recommended a final dividend of Rs. 1 per share (50%) for FY2026, which combined with the Rs. 9 interim dividend already paid makes a total dividend of Rs. 10 per share (500%). Additionally, 1,20,000 employee stock options were approved under ESOP Plan 2017 (9th Tranche) with a minimum vesting period of one year. Ms. Hansa Sharma was appointed as Compliance Officer effective May 26, 2026.
Strong financial performance with ~9% revenue growth and a total dividend of Rs. 10 per share signals healthy cash generation and shareholder returns. The ESOP grant aligns employee and shareholder interests, which could boost retention and performance.