Transport Corporation of India posted more than 52 per cent growth in profit after tax at Rs 30.15 crore (Rs 19.83 crore), excluding extraordinary other income of Rs 42 lakh (Rs 7 crore) in 2006-07.

Profit before tax jumped by more than 45 per cent to Rs 43.6 crore (Rs 30.09 crore). Net sales/income from operations amounted to Rs 1,089 crore (Rs 907 crore), a 20 per cent growth, according to company sources. The company thus crossed Rs 1,000 crore of freight revenue during the year.

Mr D.P. Agarwal, Vice Chairman and Managing Director, said: "We've strategically planned to diversify and consolidate presence in certain identified spheres such as warehousing, shipping, express delivery and supply chain solutions and we're confident of achieving a steady growth of 25 to 30 per cent on year to year."