Tube Investments of India (TII) reported a standalone Profit Before Tax (PBT) of Rs. 250 Cr for Q2 FY26, an 11.5% increase year-over-year. Revenue reached Rs. 2,119 Cr. The company’s annualized Return on Invested Capital (ROIC) stood at 44%. Key business segments, including Engineering and Metal Formed Products, demonstrated solid performance, contributing to the overall positive results. Free cash flow for the quarter was Rs. 183 Cr.
Financial Performance Highlights
Tube Investments of India (TII) has announced its standalone financial results for the second quarter of fiscal year 2026, showcasing year-over-year growth. The key highlights from the announcement include:
- Revenue: Recorded at Rs. 2,119 Cr, compared to Rs. 2,065 Cr in the same period last year.
- Profit Before Tax (PBT): Stood at Rs. 250 Cr, reflecting an 11.5% increase from Rs. 225 Cr in the corresponding period of the previous year.
- Return on Invested Capital (ROIC): Annualized ROIC reported at 44% for the quarter.
- Free Cash Flow: Generated Rs. 183 Cr during the quarter.
Segment Performance
The announcement also provided an overview of specific business segments within Tube Investments:
Engineering
The Engineering segment reported revenue of Rs. 1,382 Cr, compared to Rs. 1,323 Cr in the corresponding quarter of the previous year. Profit before interest and tax for the quarter was Rs. 164 Cr.
Metal Formed Products
The Metal Formed Products segment reported revenue of Rs. 408 Cr, compared to Rs. 404 Cr in the corresponding quarter of the previous year. Profit before interest and tax for the quarter was Rs. 44 Cr.
Mobility
The Mobility segment saw revenue of Rs. 194 Cr, compared to Rs. 168 Cr in the corresponding quarter of the previous year. Profit before interest and tax for the quarter was Rs. 4 Cr.
Others
The ‘Others’ segment reported revenue of Rs. 227 Cr, compared to Rs. 243 Cr in the corresponding quarter of the previous year. Profit before interest and tax for the quarter was Rs. 18 Cr.
Reclassification Request
In related news, the company has approved a request for reclassification from M/s. Yanmar Coromandel Agrisolutions Private Limited, moving it from the ‘Promoter and Promoter Group’ category to ‘Public Shareholder’ category.
Source: BSE
