TCI Back on Track: 10-12% Revenue Growth Expected as Volumes Surge

• TCI expects to meet its 10-12% full-year revenue growth guidance, driven by a strong recovery in Q3FY26 (October-December 2025).
• MD Vineet Agarwal attributes the turnaround to auto sector revival post-GST cuts, improved consumer sentiment, and inventory restocking.
• Multimodal logistics, including increased rail and container traffic, along with warehousing consolidation, are key growth engines.
• TCI plans an aggressive ₹1,000 crore capex over the next 3-4 years, with ₹350–400 crore for the current year, largely funded internally.
• Promoter stake increase reflects confidence in TCI's long-term growth prospects, supported by sustained infrastructure investment.

Why It Matters: TCI's strong Q3FY26 recovery, driven by auto and multimodal growth, puts it on track for 10-12% revenue.