Tube Investments of India Limited — Important, 04-11-2024: Financial Result Updates

Tube Investments of India Limited reported a standalone revenue of ₹2,065 crore and profit before tax (PBT) of ₹225 crore for Q2 FY2024, compared to ₹1,970 crore and ₹245 crore last year. Consolidated revenue stood at ₹4,925 crore, with PBT at ₹426 crore. The engineering segment generated ₹1,323 crore in revenue, while the mobility segment experienced a slight loss. The company is actively investing in subsidiaries, including a ₹25 crore stake in 3xper Innoventure Limited.