Tube Investments Q3 Results: Profit jumps 18%, margin expands; dividend declared

Tube Investments of India Ltd delivered a solid performance in the December quarter, reporting a 17.6% year-on-year rise in standalone net profit to ₹189 crore, compared with ₹160.7 crore in the same period last year.

Revenue grew 12.7% to ₹2,152 crore, supported by steady demand across its engineering-led portfolio.

Operating performance remained strong, with EBITDA increasing 27% year-on-year to ₹309 crore, while margins expanded to 14.3% from 12.7% a year ago, reflecting improved operating leverage

and cost efficiencies.

The company also announced an interim dividend of ₹2 per equity share of face value ₹1 each for FY26. The record date has been fixed as February 10, 2026, with the dividend to be paid within 30 days of declaration, in line with regulatory norms.

Return on invested capital (annualised) improved to 49% for the quarter, up from 43% in the year-ago period, while free cash flow stood at ₹248 crore, underscoring healthy cash generation.

Segment-wise, the Engineering business reported revenue of ₹1,438 crore, with profit before interest and tax rising to ₹196 crore.

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Metal Formed Products posted stable growth, while the Mobility segment swung to a profit of ₹4 crore from a loss a year earlier. The Others segment saw profitability improve despite a decline in revenue.

Following the earnings announcement, shares of Tube Investments of India touched an intraday high of ₹2,561.30 on the NSE, rising over 2.5% during the session.