TIINDIANSETube Investments of India LimitedHighPositive
Announced Thu, 15 May · 14:42 IST

Tube Investments of India Limited has informed the Exchange that Record date for the purpose of Dividend is 25-Jul-2025.

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Awaiting price reaction for this filing.

AI summary

Tube Investments of India (TII) announced audited FY25 results with standalone profit after tax rising sharply to Rs. 1,296.66 Cr from Rs. 734.51 Cr in FY24, supported by a one-time fair value gain of Rs. 569 Cr on CCPS in its clean mobility subsidiary. Total revenue from operations grew modestly to Rs. 7,892.53 Cr vs Rs. 7,610.51 Cr. The Board recommended a final dividend of Rs. 1.50 per share, taking total FY25 dividend to Rs. 3.50 per share (including the Rs. 2 interim paid in February). The record date for the final dividend is July 25, 2025, and the 17th AGM is scheduled for August 1, 2025. The Board also approved long-term borrowing of up to Rs. 300 Cr for FY26 needs, appointed Ms. Shelina Pranav Parikh as Independent Director for 3 years, and named a new Secretarial Auditor for FY26–FY30.

Likely market impact

Strong headline profit growth is largely driven by a one-off Rs. 569 Cr fair value gain, so underlying earnings growth is more modest. Shareholders on record by July 25, 2025 will receive the Rs. 1.50 final dividend, with total FY25 dividend of Rs. 3.50/share demonstrating consistent shareholder returns. The additional Rs. 300 Cr borrowing signals continued capex/investment plans.