Dividend
TIINDIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Tube Investments of India Limited reported audited standalone results for FY 2026 with total revenue of ₹8,556 crore, up 8.4% from ₹7,893 crore in FY 2025. However, standalone profit after tax declined significantly to ₹827 crore from ₹1,297 crore in the prior year, a drop of about 36%, impacted by exceptional items of ₹23 crore related to new labour code provisions for gratuity and compensated absences. On a consolidated basis, the company achieved stronger revenue growth of 19.4% to ₹23,235 crore, though profit attributable to owners declined 20% to ₹537 crore. The Board declared an interim dividend of ₹2 per share (already paid) and recommended a final dividend of ₹1.50 per share for FY 2026. Statutory auditors issued unmodified (clean) audit opinions on both standalone and consolidated financials.
The stock may face pressure due to the significant standalone PAT decline of 36%, though the consolidated revenue growth of 19.4% and clean audit opinion provide some stability. The total dividend of ₹3.50 per share maintains shareholder returns despite lower profitability.