TCI posted a 9% consolidated revenue growth in Q1 FY27, marking its 24th consecutive growth quarter.

Consolidated EBITDA saw a ~5% rise, though standalone PAT was slightly negative due to lower JV dividends.

The company maintains a 10-12% top-line growth outlook for freight and 12-15% for supply chain, anticipating H2 momentum from new contracts and fleet additions.

Q1 Capex was INR 167 Cr, part of the INR 500-600 Cr FY27 plan, including new Seaways ships.

Management is cautiously optimistic, navigating volatile bunker prices and geopolitical uncertainties, with festival season restocking expected to drive demand.