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Business Upturn
2 days ago
- Business
- Business Upturn
Tejas Cargo India Q1 FY26: Fleet expands, revenue per trip improves 6% YoY
By Aditya Bhagchandani Published on July 14, 2025, 12:22 IST Tejas Cargo India Limited, the Faridabad-based logistics company, reported steady operational progress in Q1 FY26 (April–June). The company expanded its operational capacity by adding 83 new vehicles, with a net fleet increase of 68 vehicles during the quarter, taking its total fleet to 1,199 vehicles. The fleet additions included 30 trailers, 15 32-ft MXL trucks, 33 32-ft SXL trucks, and 5 new 22-ft trucks, marking the introduction of a new segment. Tejas completed 24,275 trips during the quarter, with the average revenue per trip rising by approximately 6% compared to Q1 FY25. The company also onboarded three new clients, taking the active client base to around 85. It strengthened its integrated logistics offering by acquiring full ownership of its subsidiary, Tejas Carrier Solutions Private Limited, to expand into multimodal and specialized transportation. On the digital front, Tejas advanced its ERP upgrade, with the Human Resource Management System and the first phase of operational modules expected to go live by the end of July 2025. The company's focus on workforce development continued, with structured safety training sessions conducted across operational centers. As of June 30, 2025, the company's outstanding term loan declined to ₹106.49 crore from ₹133.34 crore at the end of March. CARE Ratings assigned a stable outlook to its long-term facilities (rated CARE BBB-) and its short-term facilities (CARE A3). Looking ahead, Tejas aims to add around 50 more vehicles in Q2 and expand further into coal, fly ash, and mining logistics, having already filed tenders with Coal India Limited and its subsidiary. Disclaimer: Certain statements in this document that are not historical facts are forward-looking statements. Such statements are subject to risks and uncertainties that may cause actual results to differ materially. The company disclaims any obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Time of India
13-06-2025
- Health
- Time of India
Village & ward secretariat staffers to be transferred after 5-yr tenure
Vijayawada: The Andhra Pradesh govt has mandated that employees of village and ward secretariats who completed five years of service at the same location by May 31, 2025, must be transferred. Additionally, personnel will not be allowed to work in their native mandals as part of a broader policy to ensure impartial public service delivery and strengthen decentralised governance. District collectors have been authorised to oversee the transfer and rationalisation process, which must be completed by June 30, 2025. The details of all transferred employees must be mapped into the Human Resource Management System (HRMS) portal by July 10, 2025. In instances where the number of functionaries at a secretariat exceeds the sanctioned limit after transfers, the surplus staff will remain in place until further instructions are issued. The govt outlined clear eligibility criteria for transfers, giving priority to functionaries with specific needs or circumstances. This includes visually impaired employees, those with children who have mental disabilities, individuals who completed over two years of service in tribal areas, and employees certified with a disability of 40 percent or more. Also prioritised are staff undergoing treatment for serious medical conditions such as cancer, kidney transplant recipients, those who underwent open-heart or neuro surgeries, and women appointed on compassionate grounds following the death of a spouse. Where both spouses are employed in govt service, efforts will be made to post them at the same or nearby stations. All such postings, including those where employees expressed preferences for specific locations, will be treated as request transfers and will be eligible for travel and transfer-related allowances. Employees serving in Integrated Tribal Development Agency (ITDA) areas will not be relieved of their duties until suitable replacements are posted and have reported. Any failure to report to an ITDA posting will invite disciplinary action. Relieving officers must also ensure that pending dues are settled before an employee is formally released from duty. As part of the larger rationalisation exercise, the govt restructured the secretariats into three categories based on population. Category A secretariats will have six functionaries, Category B will have seven, and Category C will have eight. These functionaries will be deployed under two classifications: General Purpose and Specific Purpose, with aspirational roles added based on requirement. After the rationalisation and transfer procedures are finalised, any remaining surplus employees may be reassigned to other govt departments depending on demand and availability. Follow more information on Air India plane crash in Ahmedabad here . Get real-time live updates on rescue operations and check full list of passengers onboard AI 171 .
