Tube Investments Q1 Results: Higher expenses weigh on margin despite strong revenue growth
Published on 01/08/2025 03:00 PM
Tube Investments Q1 Results: Higher expenses weigh on margin despite strong revenue growthTube Investments of India posted a healthy top-line growth in Q1, but net profit and operating margin declined.By Sheersh Kapoor August 1, 2025, 3:00:03 PM IST (Published)2 Min Read
Tube Investments of India Ltd reported a 16% year-on-year growth in consolidated revenue for the June quarter at ₹5,309 crore, compared with ₹4,578 crore in the same period last year. The company attributed the growth to improved performance across most of its business segments.
Net profit for the quarter, however, declined 12.3% year-on-year to ₹199 crore from ₹227 crore a year ago, even as operating performance remained relatively steady.
EBITDA rose 2.7% year-on-year to ₹546 crore, up from ₹532 crore in the same quarter last year. However, the EBITDA margin declined to 10.3% from 11.6%, indicating the impact of rising costs.
Total expenses climbed to ₹4,931.5 crore compared to ₹4,172.16 crore in Q1 FY25, marking an increase of over 18% year-on-year.
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Among subsidiaries, CG Power, in which Tube Investments holds a 58% stake, reported a revenue of ₹2,878 crore, up from ₹2,228 crore, and profit before tax of ₹364 crore. Shanthi Gears posted a slight dip in revenue at ₹135 crore, but pre-tax profit improved to ₹31 crore.
The company’s engineering business clocked ₹1,298 crore in revenue up from ₹1265 crore, while the metal formed products, mobility and others verticals also posted moderate gains. Annualised ROIG stood at 39%, compared to 47% in the same quarter last year.
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At 2:26 PM, shares of Tube Investments of India were trading at ₹2,815.70, down 0.88% on the NSE.
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