Tube Investments of India Limited reported a revenue of ₹2,119 Crores for Q2 FY2026, compared to ₹2,065 Crores in the same period last year. Profit Before Tax (PBT) stood at ₹250 Crores, up from ₹225 Crores. Consolidated revenue reached ₹5,523 Crores, with a PBT of ₹459 Crores. The company anticipates significant growth in key segments, including mobility and medical, driven by market share gains and strategic initiatives.
Financial Performance
In Q2 FY2026, Tube Investments of India’s standalone revenue reached ₹2,119 Crores, marking an increase from ₹2,065 Crores in the corresponding period of the previous year. The company’s Profit Before Tax (PBT) increased to ₹250 Crores, compared to ₹225 Crores in the same quarter of the previous year, reflecting a growth of 11.5%. ROIC was at 44%.
The consolidated revenue stood at ₹5,523 Crores compared to ₹4,925 Crores. Profit before tax for the quarter was at ₹459 Crores as against ₹426 Crores in the corresponding quarter.
Segmental Performance
Engineering business revenue for the quarter reached ₹1,382 Crores, compared to ₹1,323 Crores in the corresponding quarter. PBIT was ₹164 Crores.
Metal formed products generated revenue of ₹408 Crores. PBIT was ₹44 Crores.
The mobility business, which includes bicycles, reported revenue of ₹194 Crores, compared to ₹168 Crores. PBIT stood at ₹4 Crores.
Other businesses generated revenue of ₹227 Crores, with PBIT at ₹18 Crores.
Key Growth Drivers & Future Outlook
The company witnessed a strong uptick in demand after changes in September 2025, coupled with the festive season. October and November have shown strong performance. The company is targeting a growth of 15% plus for the surgical business. They are also exploring new verticals for TI Medical.
For base business, the company is going to invest next year about ₹300 to 400 Crores. In mobility division, their focus was more towards the specialized bike and they are focusing on the fitness side of the business.
Source: BSE
