Latest news with #TubeInvestmentsofIndiaLtd
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Business Standard
05-08-2025
- Business
- Business Standard
Tube Investments Q1 results: PAT of ₹303 cr, income rises to ₹5,380 cr
Tube Investments of India Ltd, part of the Chennai-based Murugappa Group, has reported a consolidated net profit of Rs 303.19 crore for the quarter ended June 30, 2025, the company said. The company had posted a net profit of Rs 316.78 crore in the corresponding quarter of the previous financial year. For the financial year ended March 31, 2025, the company had recorded a consolidated net profit of Rs 1,054.29 crore. In a press release issued on Tuesday, the company said total income for the April-June 2025 quarter rose to Rs 5,380.63 crore from Rs 4,642.66 crore reported in the year-ago period. For FY25, the company's consolidated total income stood at Rs 19,835.71 crore. During the June 2025 quarter, the engineering business vertical posted revenues of Rs 1,298 crore, up from Rs 1,265 crore in the same period last year. The Metal Formed Products division reported revenue of Rs 366 crore, as against Rs 358 crore in the corresponding quarter of the previous fiscal. Among group companies, CG Power and Industrial Solutions Ltd, a subsidiary of Tube Investments, recorded consolidated revenue of Rs 2,878 crore in Q1 FY26, compared to Rs 2,228 crore in the same quarter last year. Profit before tax for the quarter stood at Rs 364 crore, up from Rs 336 crore a year ago. Shanthi Gears Ltd, in which Tube Investments holds a 70.46 per cent stake, posted revenue of Rs 135 crore for the quarter, slightly down from Rs 139 crore reported in the corresponding period of the previous year. Its profit before tax rose to Rs 31 crore from Rs 29 crore last year, the company added.
Business Standard
30-06-2025
- Automotive
- Business Standard
Tube Investments of India Ltd spurts 1.07%, up for third straight session
Tube Investments of India Ltd is quoting at Rs 3115.1, up 1.07% on the day as on 12:49 IST on the NSE. The stock is down 26.45% in last one year as compared to a 5.84% gain in NIFTY and a 5.54% gain in the Nifty Auto index. Tube Investments of India Ltd rose for a third straight session today. The stock is quoting at Rs 3115.1, up 1.07% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.33% on the day, quoting at 25552.7. The Sensex is at 83759.31, down 0.36%. Tube Investments of India Ltd has added around 1.94% in last one month. Meanwhile, Nifty Auto index of which Tube Investments of India Ltd is a constituent, has added around 2.55% in last one month and is currently quoting at 24007.95, down 0.36% on the day. The volume in the stock stood at 1.26 lakh shares today, compared to the daily average of 3.3 lakh shares in last one month. The benchmark July futures contract for the stock is quoting at Rs 3119.7, up 0.76% on the day. Tube Investments of India Ltd is down 26.45% in last one year as compared to a 5.84% gain in NIFTY and a 5.54% gain in the Nifty Auto index. The PE of the stock is 45.4 based on TTM earnings ending March 25.
Time of India
26-06-2025
- Automotive
- Time of India
Stock market update: Nifty Auto index falls 0.1% in an upbeat market
NEW DELHI: The Nifty Auto index traded negative around 11:19AM(IST)on Thursday in an upbeat market. Tube Investments of India Ltd .(up 2.22 per cent), Ashok Leyland Ltd .(up 1.63 per cent), MRF Ltd.(up 0.76 per cent), Tata Motors Ltd .(up 0.46 per cent) and Bharat Forge Ltd.(up 0.41 per cent) were among the top gainers. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The Most Successful Way of Intraday Trading is "Market Profile" TradeWise Learn More Undo Hero MotoCorp Ltd .(down 0.82 per cent), Mahindra & Mahindra Ltd.(down 0.64 per cent), Eicher Motors Ltd .(down 0.57 per cent), TVS Motor Company Ltd.(down 0.53 per cent) and Maruti Suzuki India Ltd .(down 0.35 per cent) were the top losers on the index. The Nifty Auto index was down 0.1 per cent at 23803.35 at the time of writing this report. Benchmark NSE Nifty50 index was up 83.55 points at 25328.3, while the BSE Sensex was up 292.97 points at 83048.48. Live Events Among the 50 stocks in the Nifty index, 33 were trading in the green, while 17 were in the red. Shares of Vodafone Idea , Alok Industries , RattanIndia Power , Suzlon Energy and YES Bank were among the most traded shares on the NSE. Shares of Ishan Dyes Chem , Indosolar Ltd, Sumeet Ind, Abbott India and Nuvama Wealth Mgmt hit their fresh 52-week highs in today's trade, while Sadhana Nitro , Globale Tessile, Osia Hyper Retail , Gensol Engg and Twentyfirst Cent hit fresh 52-week lows in trade.
Business Standard
20-05-2025
- Automotive
- Business Standard
Quick Wrap: Nifty Auto Index declines 2.17%, NIFTY Tumbles 1.05%
Nifty Auto index ended down 2.17% at 23531.2 today. The index is up 10.00% over last one month. Among the constituents, Tube Investments of India Ltd slipped 4.06%, Hero MotoCorp Ltd shed 3.33% and Bajaj Auto Ltd dropped 3.23%. The Nifty Auto index is up 1.00% over last one year compared to the 9.70% surge in benchmark Nifty 50 index. In other indices, Nifty India Consumption index is down 1.77% and Nifty MNC index is down 1.39% on the day. In broad markets, the Nifty 50 is down 1.05% to close at 24683.9 while the SENSEX is down 1.06% to close at 81186.44 by Capital Market - Live News
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Business Standard
16-05-2025
- Business
- Business Standard
Tube Investments Q4 results: Consolidated PAT of ₹158 cr on higher income
Tube Investments of India Ltd has reported a consolidated profit after tax of Rs 158.19 crore for the January-March 2025 quarter, the company said on Friday. The company, part of the city-based diversified conglomerate, Murugappa Group, had registered a net profit of Rs 274.46 crore during the corresponding quarter of last year. For the year ending March 31, 2025 the profit after tax stood at Rs 1,054.29 crore, as compared to Rs 1,732.99 crore registered in the year-ago period, a press release said. The consolidated total income for the quarter under review grew to Rs 5,308.21 crore, from Rs 4,573.48 crore registered during the corresponding quarter of the last fiscal. For the financial year ending March 31, 2025 the total income stood at Rs 19,835.71 crore, as against Rs 17,142.04 crore registered in the year-ago period. The Board of Directors has recommended a final dividend of Rs 1.50 per share for the financial year 2024-25. An interim dividend of Rs 2 per share was declared in February 2025, and it was paid to shareholders in March. Engineering division of the company garnered revenue for the full year ending March 31, 2025 at Rs 5,029 crore as compared to Rs 4,921 crore registered in the year-ago period. Metal Formed products division earned total revenue of Rs 1,565 crore as compared to Rs 1,519 crore registered in the year-ago period. The Mobility business vertical reported a revenue of Rs 671 crore for the full year ending March 31, 2025 as compared to Rs 664 crore clocked in the year-ago period. On the performance of group companies, Tube Investments Ltd said its subsidiary CG Power and Industrial Solutions Ltd registered a consolidated revenue of Rs 9,909 crore for the year ending March 31, 2025 as against Rs 8,046 crore registered in the previous year. Shanthi Gears Ltd, another subsidiary company of Tube Investments Ltd and engaged in the manufacturing of gear and gear products, registered a revenue of 605 crore for the year ending March 31, 2025 as against Rs 536 crore, recorded in the year-ago period.
