Transport Corporation of India has allotted 50,400 (Fifty thousand and Four hundred) Equity Shares under ESOP-2017-4th, 5th & 6th Tranche on 28th October, 2024.Powered by Capital Market - Live News

Transport Corporation of India announced that the Board of Directors of the Company at its meeting held on 24 October 2024, inter alia, have recommended the interim dividend of Rs 3.5 per equity Share (i.e. 175%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Transport Corporation of India has fixed 01 November 2024 as record date for interim dividend of Rs 3.50 per share for FY 2024-25. The dividend will be paid on or before 22 October 2024. Powered by Capital Market - Live News

Net profit of Transport Corporation of India rose 22.30% to Rs 106.40 crore in the quarter ended September 2024 as against Rs 87.00 crore during the previous quarter ended September 2023. Sales rose 12.81% to Rs 1120.80 crore in the quarter ended September 2024 as against Rs 993.50 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1120.80993.50 13 OPM %10.4510.11 - PBDT147.30128.50 15 PBT118.2097.40 21 NP106.4087.00 22 Powered by Capital Market - Live News

Transport Corporation of India has received credit ratings from ICRA as under:Long term fund based - term loan (Rs 200 crore) - ICRA AA; Stable (assigned)Commercial paper (Rs 150 crore) - ICRA A1+ (reaffirmed) Powered by Capital Market - Live News