Tube Investments of India Limited — Board Meeting, 01-08-2025: Outcome of Board Meeting

Tube Investments of India (TII) has approved its Q1 results. Consolidated revenue grew to ₹5,309 Cr from ₹4,578 Cr year-on-year, with profit after tax at ₹303 Cr. Key subsidiary CG Power reported strong performance, with revenue up to ₹2,878 Cr and PBT at ₹364 Cr. CG Power also acquired Renesas's RF Components business for ₹285.48 Cr. Shanthi Gears saw PBT rise to ₹31 Cr on ₹135 Cr revenue. TII invested ₹25 Cr in 3xper Innoventure. Post-quarter, CG Power raised ₹3,000 Cr via QIP, and TII issued ₹100 Cr in commercial papers.