E-way Bill to help formalise the logistic sector, good for the company, said Vineet Agarwal, MD, Transport Corporation of India.
Transport Corporation of India posted good first quarter numbers. In an interview to CNBC-TV18, Vineet Agarwal, MD of the company spoke about the results and his outlook.
In an interview to CNBC-TV18, Vineet Agarwal, MD of Transport Corporation of India spoke about the results and his outlook for the company.
In an interview to CNBC-TV18, Vineet Agarwal, MD of Transport Corporation of India said that dividend income from group companies aided other income.
RC Bhargava, Chairman of Maruti Suzuki, said that the GST is a good move, but the focus should be on implementing it once the legislation is passed. Legislation on paper won‘t be good unless there is implementation, he said.
Vineet Agarwal, MD of Transport Corporation of India said that the company has revised its revenue growth guidance to 10-15 percent in FY16 and topline and profit guidance to 10-15 percent for FY17 on back of expectations of strong economic growth.
Vineet Agarwal of Transport Corporation of India (TCI) says there was some improvement in demand during the festive season, but it fell almost immediately.
Post the demerger, shareholders will get 1 share of TCI Express for every 2 shares of TCI held.
Agarwal sees a 5-10 percent volume growth for this quarter, as the festive season has been pushed back a little
Vineet Agarwal, MD, Transport Corporation of India, discusses company's performance for the fourth quarter and future outlook.
Vineet Agarwal, managing director, Transport Corporation of India expects Q4 to be better both on a quarter-on-quarter basis as well as on a yearly basis.
Vineet Agarwal, MD of Transport Corporation of India expects the supply chain business to grow at around 20 percent in FY15. He has a positive outlook for FY16.
Vineet Agarwal, managing director, Transport Corporation of India says the company's freight business is likely to revive in the days to come.
On account of GDP revival, freight sector has witnessed growth, while core sectors like engineering goods are yet to see recovery, says Vineet Agarwal, MD, Transport Corporation of India.
Vineet Agarwal, managing director, Transport Corporation of India (TCI) says the company's bottomline has seen some improvement year-on-year because of certain cost optimization measures.
For FY14, Vineet Agarwal, MD, Transport Corporation of India sees the company‘s topline growing at 10% and bottomline at about 10-15%.
Vineet Agarwal, MD, Transport Corporation of India (TCI) sees a little bit of uptick on the consumer demand side, and so expects topline for the company in the range of 10-15 percent.