The Board of Directors of Shanthi Gears Limited (SGL), a subsidiary of Tube Investments of India Limited (TII), met today and approved the financial results for the quarter ended 30th September 2025.

The Company continues to focus on 4 key priorities of Revenue, Profitability, Return on Invested Capital (ROIC) and Free Cash Flow (FCF).

  • Revenue of ₹130.71 Crores was recorded in Q2 FY26 as against ₹154.54 Crore in Q2 FY25.
  • The Profit Before Tax for the quarter was ₹28.67 Crore as against ₹34.34 Crore in Q2 FY25.
  • Achieved Return on average Invested Capital (ROIC) of 46% in Q2 FY26.
  • The Company generated Free Cash Flow of ₹12.68 Crore during Q2 FY26.

During the quarter the Company booked orders worth of ₹138 Crore up by 7%. Unexecuted order book as on 30th Sep 2025 was ₹254 Crore.