Sakshi Batra does a 3 point analysis on the fine print of the companies' Q2 earnings.
TCI Express had a stellar second quarter as it delivered strong topline growth and operational performance. In contrast, Transport Corporation of India reported mixed results.
The company reported healthy double-digit revenue growth, but profit remained flat as the increase in operating costs weighed on the margins.
Both the logistics companies have gained market share since the introduction of the Goods & Services Tax (GST), and remain well-positioned to reap the benefits of policy reforms.
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