Intimation of 18th AGM
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 revenue from operations of Rs 8,556.35 crore for FY2026, up 8.4% from Rs 7,892.53 crore in FY2025. However, standalone Profit After Tax declined 36.2% to Rs 827.35 crore compared to Rs 1,296.66 crore in the previous year, primarily due to higher expenses and exceptional items. On a consolidated basis, total revenue grew 17.4% to Rs 22,847.43 crore with profit after tax from continuing operations at Rs 1,116.27 crore, up 5.9% year-over-year. The statutory auditors issued an unmodified (clean) opinion on both standalone and consolidated financial results. Exceptional items of Rs 22.75 crore (standalone) and Rs 67.96 crore (consolidated) included provisions for new labour code-related gratuity and compensated absences. The company declared an interim dividend of Rs 2 per share and recommended a final dividend of Rs 1.50 per share.
The company delivered revenue growth but saw a significant decline in standalone profitability. The clean audit opinion and strong consolidated performance provide some comfort to investors, though the PAT decline on standalone basis warrants attention.