The Board of Directors of Tube Investments of India Limited (TII) met today and approved the financial results for the Quarter ended 31st December 2025. The Board has declared an Interim Dividend of Rs.2 per share for the financial year 2025-26.

Standalone Results for the Quarter:

  • Revenue in Q3 was at Rs.2,152 Cr compared with Rs.1,910 Cr of same period previous year.
  • PBT before exceptional items for the quarter was at Rs.268 Cr compared with Rs.212 Cr of same period previous year, a growth of 26%.
  • ROIC (annualized) was at 49% for the quarter ended 31st December 2025 compared with 43% of same period previous year.
  • Free cash flow for the quarter was Rs.248 Cr.

Review of Businesses

Engineering

The Revenue for the quarter was Rs.1,438 Cr compared with 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 in the corresponding quarter of the previous year.

Metal Formed Products

The Revenue for the quarter was Rs.408 Cr compared with 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 in the corresponding quarter of the previous year.

Mobility

The Revenue for the quarter was Rs.183 Cr compared with Rs.142 Cr in the corresponding quarter of the previous year. Profit before interest and tax for the quarter was Rs.4 Cr as against the loss of Rs.0.8 Cr in the corresponding quarter of the previous year.

Others

The Revenue for the quarter was Rs.214 Cr compared with 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 in the corresponding quarter of the previous year.

Consolidated Results

TII’s 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.

CG Power and Industrial Solutions Ltd, a subsidiary company, in which the Company holds 56.29% stake, registered a consolidated revenue of Rs.3175 Cr during the quarter as against Rs.2,516 Cr in the corresponding quarter of the previous year. Profit (before share of profit of an Associate/Joint Venture, Exceptional Items and Tax) for the quarter was at Rs.420 Cr as against Rs.335 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.117 Cr during the quarter as against Rs.158 Cr in the corresponding quarter of the previous year. Profit before exceptional items and tax for the quarter was at Rs.23 Cr as against Rs.35 Cr in the corresponding quarter of previous year.