Moneycontrol
May 17, 2017 03:52 PM IST | Source: CNBC-TV18

Seeing traction in volume growth; GST positive from 2-3 yr perspective: TCI

In an interview to CNBC-TV18, Vineet Agarwal, MD of Transport Corporation of India spoke about the results and his outlook for the company.

Transport Corporation of India (TCI) posted a decent quarter with revenue growth of over 14 percent, though margins dipped a bit.

In an interview to CNBC-TV18, Vineet Agarwal, MD of Transport Corporation of India spoke about the results and his outlook for the company.

He is seeing more traction in volume growth. The company added one more ship on the west coast, so now we have two ships on the west coast and three on the east coast, said Agarwal.

They have acquired new contracts in e-commerce space this year, said Agarwal.

On goods and services tax front, he said GST transition is not simple. Hence, it's positive from two-three years' perspective.

Watch accompanying video for more details.

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