Transport Corporation of India posted good first quarter numbers. In an interview to CNBC-TV18, Vineet Agarwal, MD of Transport Corporation of India spoke about the results and his outlook for the company.
A lot of destocking happened in Q1 and now given this quarter we should see some pickup in terms of stocks coming back because of the festival season that is on way, said Agarwal.
He expects 10-12 percent revenue growth in freight division.
Agarwal also expect 15-20 percent revenue growth in supply chain business.
He said that opportunities in supply chain business have increased post goods and services tax (GST).
Watch accompanying video for more details.
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