The Board of Directors of Tube Investments of India Limited (TII) met today and approved the financial results for the Quarter ended 30th June 2026.

Standalone Results for the Quarter:

  • Revenue in Q1 was at Rs.2,366 Cr as against Rs.2,007 Cr in the same period previous year.
  • PBT was at Rs.213 Cr as against Rs.222 Cr in the same period previous year.
  • ROIC (annualized) stood at 41% for the quarter ended 30th June 2026 compared with 39% in the previous year same period.
  • Free cash flow for the quarter was Rs.174 Cr.

Review of Businesses

Engineering

The Revenue for the quarter was Rs.1,566 Cr compared with Rs.1,298 Cr in the corresponding quarter of the previous year. Profit before interest and tax for the quarter was Rs.153 Cr which is same as corresponding quarter of the previous year.

Metal Formed Products

The Revenue for the quarter was Rs.408 Cr compared with Rs.366 Cr in the corresponding quarter of the previous year. Profit before interest and tax for the quarter was Rs.28 Cr as against Rs.37 Cr in the corresponding quarter of the previous year.

Mobility

The Revenue for the quarter was Rs.250 Cr compared with Rs.198 Cr in the corresponding quarter of the previous year. Profit before interest and tax for the quarter was Rs.9 Cr as against Rs.7 Cr in the corresponding quarter of the previous year.

Others

The revenue for the quarter was Rs.256 Cr compared with Rs.236 Cr in the corresponding quarter of the previous year. Profit before interest and tax for the quarter was Rs.21 Cr as against Rs.17 Cr in the corresponding quarter of the previous year.

Consolidated Results

TII’s consolidated revenue for the quarter was Rs.6,215 Cr as against Rs.5,309 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.461 Cr as against Rs.449 Cr in the corresponding quarter of the previous year.

CG Power and Industrial Solutions Ltd, a subsidiary company, in which the Company holds 56.29% stake, registered a consolidated revenue of Rs.3,281 Cr during the quarter as against Rs.2,878 Cr in the corresponding quarter of the previous year. Profit before tax for the quarter was at Rs.423 Cr as against Rs.364 Cr in the corresponding quarter of previous year.

Shanthi Gears Ltd., a subsidiary company in the Gears Business, in which the Company holds 70.46% stake, registered a revenue of Rs.115 Cr during the quarter as against Rs.135 Cr in the corresponding quarter of the previous year. Profit before tax for the quarter was at Rs.14 Cr as against Rs.31 Cr in the corresponding quarter of previous year.