Net profit of Tube Investments of India declined 39.21% to Rs 189.53 crore in the quarter ended March 2024 as against Rs 311.78 crore during the previous quarter ended March 2023. Sales rose 18.84% to Rs 4345.00 crore in the quarter ended March 2024 as against Rs 3656.28 crore during the previous quarter ended March 2023.For the full year,net profit rose 25.66% to Rs 1200.69 crore in the year ended March 2024 as against Rs 955.52 crore during the previous year ended March 2023. Sales rose 13.19% to Rs 16334.92 crore in the year ended March 2024 as against Rs 14430.95 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales4345.003656.28 19 16334.9214430.95 13 OPM %10.3813.38 -11.9312.94 - PBDT519.47524.53 -1 2148.241968.81 9 PBT400.94400.05 0 1682.751572.88 7 NP189.53311.78 -39 1200.69955.52 26 Powered by Capital Market - Live News

The Board of Tube Investments of India at its meeting held on 13 May 2024 has approved long-term borrowing up to Rs. 350 crore by way of term loan and/or by way of issue of privately placed secured non-convertible debentures, in one or more tranches, if required, to meet the Company`s fund requirements for FY 2024-25. Powered by Capital Market - Live News

Tube Investments of India announced that the 16th Annual General Meeting(AGM) of the company will be held on 1 August 2024.Powered by Capital Market - Live News

Tube Investments of India announced that the Board of Directors of the Company at its meeting held on 13 May 2024, has recommended a Final dividend of Rs.1.50 per share (i.e.150%), subject to the approval of the shareholders.Powered by Capital Market - Live News

Tube Investments of India will hold a meeting of the Board of Directors of the Company on 13 May 2024.Powered by Capital Market - Live News