Tube Investments of India Limited (TII) announced its financial results for Q3 FY26. The company reported a standalone Profit Before Tax (PBT) of Rs. 253 Cr. Revenue for the quarter stood at Rs. 2,152 Cr. The Board has declared an interim dividend of Rs. 2 per share for the financial year 2025-26.
Financial Performance Overview
Tube Investments of India (TII) showcased robust financial performance in Q3 FY26. Key highlights include:
- Revenue: Rs. 2,152 Cr compared to Rs. 1,910 Cr in the same period last year.
- Profit Before Tax (before exceptional items): Rs. 268 Cr compared to Rs. 212 Cr in the same period last year, reflecting a 26% growth.
- Return on Invested Capital (ROIC): 49% annualized.
- Free Cash Flow: Rs. 248 Cr for the quarter.
Segmental Performance
Engineering
The engineering segment reported revenue of Rs. 1,438 Cr compared to Rs. 1,212 Cr in the corresponding quarter of the previous year. Profit before interest and tax for the quarter was Rs. 196 Cr as against Rs. 156 Cr.
Metal Formed Products
This segment’s revenue stood at Rs. 408 Cr compared to Rs. 400 Cr in the corresponding quarter of the previous year. Profit before interest and tax for the quarter was Rs. 46 Cr as against Rs. 40 Cr.
Mobility
The mobility segment recorded revenue of Rs. 183 Cr compared to Rs. 142 Cr in the corresponding quarter of the previous year. Profit before interest and tax was Rs. 4 Cr against a loss of Rs.0.8 Cr in the previous year.
Others
The ‘Others’ segment reported revenue of Rs. 214 Cr compared to Rs. 252 Cr in the corresponding quarter of the previous year. Profit before interest and tax for the quarter was Rs. 19 Cr as against Rs. 11 Cr.
Consolidated Financials
The consolidated revenue for the quarter was Rs. 5,801 Cr as against Rs. 4,812 Cr in the corresponding quarter of the previous year. The profit (before share of profit of an Associate/Joint Venture, Exceptional Items and Tax) for the quarter was at Rs. 502 Cr as against Rs. 427 Cr in the corresponding quarter of the previous year.
Subsidiary Performance
CG Power and Industrial Solutions Ltd
Registered consolidated revenue of Rs. 3,175 Cr; Profit (before share of profit of an Associate/Joint Venture, Exceptional Items and Tax) was Rs. 420 Cr.
Shanthi Gears Ltd
Registered revenue of Rs. 117 Cr. Profit before exceptional items and tax was Rs. 23 Cr.
Source: BSE
