Tube Investments of India Ltd announced consolidated revenue of 56.52 billion rupees and net profit of 1.66 billion rupees for the December quarter. The company declared an interim dividend of 2 rupees per share, underscoring its strong financial performance and commitment to rewarding shareholders.
Tube Investments of India Ltd, a Murugappa Group company and a leading player in engineering and manufacturing, has released its December quarter results showcasing resilient growth across operations. The company’s performance highlights its ability to sustain profitability while enhancing shareholder value through dividend distribution.
Key Highlights
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Consolidated revenue from operations stood at 56.52 billion rupees, reflecting steady demand across product segments.
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Net profit for the quarter reached 1.66 billion rupees, supported by operational efficiency and cost management.
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The Board declared an interim dividend of 2 rupees per share, reinforcing its focus on shareholder returns.
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Strong performance in engineering and metal forming divisions contributed to revenue stability.
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The company continues to expand its market presence, leveraging innovation and diversified product offerings.
Tube Investments’ results highlight its resilience in a competitive market, balancing growth with consistent shareholder rewards.
Sources: Business Standard, Moneycontrol