Tube Investments of India Limited — Results, 03-02-2025: Integrated Filing- Financial

Tube Investments of India Limited has announced a board meeting, where it approved the financial results for the quarter and nine months ended 31st December 2024. The company reported standalone revenue of ₹1,910 crore, reflecting a slight increase from ₹1,898 crore in the same period last year, with PBT at ₹212 crore, up from ₹210 crore. They have declared an interim dividend of ₹2 per share for FY 2024-25, expected to be paid by 28th February 2025. Additionally, the board greenlit a ₹170 crore capital investment to expand its fine blanking business in Western India, targeting enhanced manufacturing capabilities. This update suggests a stable outlook for growth and shareholder return, creating potential positive momentum for investor sentiment.