TCC Concept Limited Unveils MyFlopy.com: A Made-in-India Cloud Storage Solution

1 min read     Updated on 12 Sept 2025, 01:57 PM
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Naman SharmaScanX News Team
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Overview

TCC Concept Limited has launched MyFlopy.com, a cloud-based data storage application targeting the Indian market. The platform offers up to 10 GB of free storage, ensures data sovereignty by managing all data within India, and is currently available on Android devices. MyFlopy.com aims to be a cost-effective Indian alternative to global cloud storage services, aligning with the 'Atmanirbhar Bharat' vision. The company's Managing Director, Umesh Sahay, emphasized the platform's role in providing secure and reliable indigenous data storage solutions.

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*this image is generated using AI for illustrative purposes only.

TCC Concept Limited, a technology and innovation-driven company, has made a significant move in the cloud storage market with the launch of MyFlopy.com, a new cloud-based data storage application. The platform, which became available on September 12, 2025, is designed to cater to both individual and business users in the Indian market.

Key Features of MyFlopy.com

  • India-Centric Approach: All data managed within India's borders, ensuring data sovereignty and compliance with domestic data protection standards.
  • Free Storage: Offers up to 10 GB of free storage to every user.
  • Platform Availability: Currently available on Android devices through the Google Play Store.
  • Target Market: Focused on serving the domestic Indian market.

Strategic Positioning

MyFlopy.com is positioned as a cost-effective Indian alternative to global cloud storage services. This aligns with the Indian government's vision of 'Atmanirbhar Bharat' or self-reliant India. The platform aims to provide secure, reliable, and indigenous data storage solutions, setting new benchmarks for trust and technological excellence in the industry.

Management's Perspective

Umesh Sahay, Managing Director of TCC Concept Limited, emphasized the platform's role in empowering users with secure and reliable indigenous data storage solutions. He stated, "We believe MyFlopy.com will empower users with secure, reliable, and indigenous data storage solutions. By keeping all data within India, we are not only supporting the vision of a self-reliant India but also setting new benchmarks for trust and technological excellence in the industry."

Broader Technology Portfolio

MyFlopy.com is part of TCC Concept Limited's expanding technology portfolio, which includes:

  1. Data Centre Solutions
  2. Trythat.ai for the real estate sector
  3. The newly launched MyFlopy.com storage platform

Market Impact and Future Outlook

With its user-friendly interface, robust security framework, and scalable solutions for enterprises, MyFlopy.com is poised to potentially disrupt the cloud storage market in India. As the second-largest mobile user community globally, India presents a significant opportunity for growth and adoption of this new platform.

The launch of MyFlopy.com underscores TCC Concept Limited's commitment to innovation, sustainability, and alignment with national priorities. As the company continues to expand its digital offerings, it aims to create long-term value for its stakeholders while contributing to India's technological self-reliance.

Investors and users alike will be watching closely to see how MyFlopy.com performs in the competitive cloud storage market and whether it can successfully capture a significant share of both individual and business users in India.

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TCC Concept Limited Reports Robust Q1 Performance with 406% Surge in Standalone Profit

2 min read     Updated on 26 Jul 2025, 07:11 PM
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Shriram ShekharScanX News Team
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Overview

TCC Concept Limited announced impressive Q1 financial results. Standalone revenue from operations increased by 233.9% to ₹1,077.54 lakhs, while profit after tax grew by 406.1% to ₹685.80 lakhs. Consolidated revenue rose by 87.3% to ₹2,210.98 lakhs, with profit after tax up 73.4% to ₹941.80 lakhs. The company's three main segments - Brokerage & Other Services, Rental & Leasing of Equipment, and Information Technology Services - all contributed to growth. Management attributed the strong performance to robust growth across all business segments.

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*this image is generated using AI for illustrative purposes only.

TCC Concept Limited, a diversified company operating in brokerage, equipment leasing, and IT services, has announced its unaudited financial results for the first quarter ended June 30, showcasing significant growth across key financial metrics.

Standalone Performance Highlights

The company's standalone performance for Q1 demonstrated remarkable improvement:

Particulars (Standalone) Q1 (₹ in lakhs) Q1 PY (₹ in lakhs) YoY Growth
Revenue from Operations 1,077.54 322.71 233.9%
Total Income 1,208.42 362.14 233.7%
Profit Before Tax 917.31 180.70 407.6%
Profit After Tax 685.80 135.51 406.1%
Basic EPS (in ₹) 1.92 0.61 214.8%

TCC Concept Limited's standalone revenue from operations surged to ₹1,077.54 lakhs, marking a substantial increase of 233.9% compared to the same quarter last year. The company's profit after tax showed an impressive growth of 406.1%, reaching ₹685.80 lakhs.

Consolidated Performance

On a consolidated basis, the company also reported strong growth:

Particulars (Consolidated) Q1 (₹ in lakhs) Q1 PY (₹ in lakhs) YoY Growth
Revenue from Operations 2,210.98 1,180.76 87.3%
Total Income 2,346.06 1,240.81 89.1%
Profit Before Tax 1,346.34 712.24 89.0%
Profit After Tax 941.80 543.19 73.4%
Basic EPS (in ₹) 2.64 2.42 9.1%

The consolidated revenue from operations grew by 87.3% to ₹2,210.98 lakhs, while the consolidated profit after tax increased by 73.4% to ₹941.80 lakhs.

Segment-wise Performance

TCC Concept Limited operates through three main segments:

  1. Brokerage & Other Services: This segment reported revenue of ₹1,639.34 lakhs, contributing significantly to the overall growth.
  2. Rental & Leasing of Equipment: The segment generated revenue of ₹526.64 lakhs.
  3. Information Technology Services: This segment reported revenue of ₹45.00 lakhs.

Management Commentary

The company's management expressed satisfaction with the Q1 results, attributing the growth to strong performance across all business segments. They highlighted the substantial increase in the Brokerage & Other Services segment as a key driver of the overall growth.

Auditor's Review

The financial results were reviewed by the statutory auditors, Mehra Goel and Company, who provided an unmodified opinion on both the standalone and consolidated financial statements.

Conclusion

TCC Concept Limited's Q1 results demonstrate robust growth across both standalone and consolidated operations. The significant increase in revenue and profitability, particularly in the standalone figures, indicates strong business momentum and effective execution of the company's strategies across its diverse business segments.

Investors and analysts will likely view these results positively, as they reflect the company's ability to capitalize on market opportunities and drive substantial growth in a competitive business environment.

Historical Stock Returns for TCC Concept

1 Day5 Days1 Month6 Months1 Year5 Years
-0.88%-6.53%+0.81%+32.27%-15.33%+2,481.22%
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