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Last Updated : Jun 01, 2017 04:31 PM IST | Source: CNBC-TV18

Expect to see 18-20% growth for FY18: TCI Express

In an interview to CNBC-TV18, Chander Agarwal, MD & CEO, TCI Express spoke about the results and his outlook for the company.

In an interview to CNBC-TV18, Chander Agarwal, MD & CEO of TCI Express spoke about the results and his outlook for the company.

The company offers express logistics solutions for B2B and B2C clients. Hero Motocorp, Maruti Suzuki India, Dr Reddy's Laboratories, Cipla, Bharat Heavy Electricals Ltd (BHEL), Cummins India, ITC, Pantaloon Industries, Bata India, Flipkart, Snapdeal are the key clients of TCI Express.

“We still stand at that 18-20 percent growth for the financial year 2018”, he said.

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The business grew at about 15 percent post demonetisation, he added.

He believes that Surface Express Transport will continue to be the main driver for growth in FY18.

“B2B contributes 95 percent to our revenue”, he further mentioned.

Speaking about GST, he said that it is a good thing for an organised company like TCI Express.

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First Published on Jun 1, 2017 04:21 pm
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