Cubex Tubings Limited has informed the Exchange regarding Board meeting held on August 13, 2025.
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Awaiting price reaction for this filing.
Cubex Tubings Limited reported its Q1 FY26 unaudited results. Net sales from operations came in at Rs. 4,987.21 lakhs, down from Rs. 5,492.73 lakhs in the same quarter last year — a YoY decline of about 9%. Despite the lower top line, profit after tax rose to Rs. 123.06 lakhs from Rs. 91 lakhs, a jump of roughly 35%, helped by lower raw material costs and a favorable change in inventory levels. EPS for the quarter stood at Rs. 0.86 versus Rs. 0.64 earlier. The statutory auditors (JMT & Associates) issued a clean limited review report with no qualifications.
Short-term mixed picture: weaker revenue signals demand-side softness in copper/copper alloy products, but sharply higher profit shows better cost control and margins. The PAT jump may support the stock in the near term, though the revenue dip warrants a watch on order book and pricing in coming quarters.