Tube Investments of India Limited — Dividend/Bonus, 03-02-2025: Dividend

The Board of Tube Investments of India Limited has approved an interim dividend of ₹2 per share for the financial year 2024-25. The unaudited standalone financial results for the quarter ended 31st December 2024 show revenues of ₹1,910 crore, a modest increase from ₹1,898 crore in the same period last year, with profit before tax at ₹212 crore, slightly up from ₹210 crore year-on-year. The company reported a return on invested capital (ROIC) of 43% for the quarter, down from 54% previously, while free cash flow was ₹70 crore. The consolidated revenue jumped to ₹4,812 crore, compared to ₹4,197 crore in the corresponding quarter last year.