Trans Freight Containers

Trans Freight Containers Limited is an Indian public company that was historically engaged in the manufacturing and export of marine freight cargo containers from its plant in Maharashtra. The company's core manufacturing business remains suspended because container production has not become viable and is uncompetitive compared to the dominant Chinese market. Management has decided not to recommence container manufacturing activities due to the market conditions, which are deemed no longer competitive in comparison to China. As a new strategic direction, the company is now actively seeking and exploring business opportunities in other industries to redefine its future. For the year ended March 31, 2024, the company reported a nil turnover, reflecting the suspension of its primary business operations. Despite the lack of turnover, the company generated a net profit of ₹112.21 Lakhs before tax for the financial year 2023-24.;