Scoda Tubes Limited — Important, 11-08-2025: General Updates

Scoda Tubes has announced its financial results for the quarter. The company reported revenue of ₹97.42 Cr and a net profit of ₹7.08 Cr. Profit saw strong year-on-year growth. A key development was the successful IPO, raising ₹220 Cr, with equity shares listed on June 4, 2025. The company also utilized ₹8.22 Cr from Pre-IPO proceeds for general corporate purposes, including civil work and plant & equipment. Note that a change in depreciation method contributed ₹2.85 Cr to the quarter's profit. Investors should watch ongoing capital deployment.