2 weeks ago

Tube Investments Q1 Profit Falls 15% as Margins Contract

Tube Investments Q1 Profit Falls 15% as Margins Contract
Tube Investments Q1 profit falls 15% as margins contract despite revenue growth · CNBC TV 18

Tube Investments of India is a big company that makes many different engineering products.

Every three months, companies report how much money they made and spent.

In the three months ending June 30, 2026, Tube Investments sold more products, with sales going up by 17%.

Even so, the company's profit went down by 15%, meaning it kept less of the money it earned.

Its profit margin shrank from 10.3% to 8.8%.

Some parts of the company, like Electric Vehicles, did very well, while others, like Gears and Semiconductor, made less money than last year.

Two of its subsidiary companies also reported results, with one doing better and one doing worse.

Companies share these numbers every quarter so investors can see how the business is doing.

Key facts

Company
Tube Investments of India (Murugappa Group)
Quarter
Ended June 30, 2026
Consolidated net profit
₹168.6 crore (down 15% YoY)
Consolidated revenue
₹6,215.1 crore (up 17% YoY)
EBITDA
₹547.8 crore, nearly flat YoY
EBITDA margin
8.8%, down from 10.3%
CG Power stake
56.29% (revenue ₹3,281 crore)
Shanthi Gears stake
70.46% (revenue ₹115 crore)

Sources

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