Tube Investments of India Q2 Net Profit Grows to Over Rs 420 Cr

New Delhi: Tube Investments of India on Thursday posted a 39 per cent rise in consolidated net profit to Rs 420.58 crore in September, driven by strong performance of its engineering and metal-formed products verticals.

The company had posted Rs 302.05 crore “profit after tax from continuing operations” in the second quarter of 2025-26 financial year, the company said in an exchange filing.

During July-September FY27, the company’s total income rose to Rs 7,441.73 crore from Rs 5,615.35 crore a year ago.

Sharing the segment-wise break-up, the company said it earned Rs 1,828.11 crore from the engineering vertical, up from Rs 1,381.61 crore a year ago. It earned Rs 1,766.76 crore from power systems, Rs 1,868.61 crore from industrial systems, and Rs 472.77 crore from metal formed products.

“The profit (before share of profit of an Associate/Joint Venture, Exceptional Items and Tax) for the quarter was Rs 643 crore as against Rs 459 crore in the corresponding quarter of the previous year,” the company said in a statement.

CG Power and Industrial Solutions Ltd, a subsidiary company, in which the company holds a 56.27 per cent stake, registered a consolidated revenue of Rs 3,802 crore during the quarter as against Rs 2,923 crore in the corresponding quarter of the previous year.

Profit before tax for the quarter was at Rs 559 crore as against Rs 388 crore in the corresponding quarter of previous year.

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