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Tamilnadu Steel Tubes LtdBoard Meeting, 24-05-2025: Board Meeting

24-05-2025 | 01:47 pm

Tamilnadu Steel Tubes Ltd. has announced a board meeting outcome including approval of the financial results for the quarter and half-year ended March 31, 2025, with no audit qualifications reported. The company reported total income of Rs. 20,393.81 lakh and profit before tax of Rs. 5602.13 lakh. Net profit after tax stood at Rs. 2145.99 lakh. The company’s balance sheet shows total assets of Rs. 36.73 Cr, with borrowings increased to Rs. 13 Cr from City Union Bank. Operating cash flow was strong at Rs. 160.58 lakh, supported by improved working capital. Statutory and compliance matters were reviewed and found up to date.

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