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News Details

13/05/2026 14:30

Tube Investments Q4 net profit down 65.15% at Rs 283.52 cr

The company reported standalone net profit of Rs 283.52 crore for the quarter ended March 31, 2026 as compared to Rs 813.65 crore in the same period last year, registering a year-on-year decline of 65.15 per cent.

Net revenue of the company rose moderately by 16.41 per cent at Rs 2,144.58 crore in January-March quarter of this fiscal as against Rs 1,842.21 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 17.24 per cent to Rs 2,027.47 crore from Rs 1,729.26 crore in year ago period.

Other Income dipped by 77.24 per cent at Rs 163.66 crore versus (Mar'25 Rs 719.22 crore).

Operating Profit surged by 10.14 per cent to Rs 251.10 crore as against Rs 227.99 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 5.41 per cent in March quarter.

Interest declined by 78.42 per cent y-o-y to Rs 1.12 crore, while Taxation increased by 11.00 per cent at Rs 73.69 crore (Mar'25 Rs 66.39 crore).