Tube Investments of India Limited — Others, 15-05-2025: Appointment

Tube Investments of India Limited has announced a board meeting to approve the financial results for the quarter and half-year. Standalone revenue was Rs. 1,957 Cr in Q4 and Rs. 7,893 Cr for the year, with profit before tax at Rs. 896 Cr quarterly and Rs. 1,544 Cr annually. A final dividend of Rs. 1.50 per share is proposed, adding to Rs. 2 interim dividend already paid. Segment performance showed Engineering and Metal Formed Products leading revenue and profit, while Mobility turned profitable. Consolidated revenue stood at Rs. 5,150 Cr for the quarter and Rs. 19,465 Cr yearly, supported by strong CG Power results. The Board appointed Ms. Shelina Pranav Parikh as Additional Independent Director and engaged M/s. Sridharan & Sridharan Associates as Secretarial Auditor for five years. Strategic acquisitions bolster the Group’s position in electronics and auto components.