Tube Investments of India Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Operating Revenue	212,197	189,151	163,349	144,310	119,825	58,275
Other Revenue	65	65	74.3	68.4	130.3	103.7
Revenue	212,262	189,216	163,424	144,378	119,956	58,378
Revenue Growth (YoY)	16.31%	15.78%	13.19%	20.36%	105.48%	28.87%
Cost of Revenue	144,965	129,848	112,105	100,200	84,420	37,422
Gross Profit	67,297	59,369	51,319	44,178	35,535	20,957
Selling, General & Admin	22,545	19,032	15,668	12,511	10,830	7,461
Other Operating Expenses	22,851	20,175	15,736	12,622	10,037	6,999
Operating Expenses	51,656	44,129	35,942	29,092	24,333	16,965
Operating Income	15,641	15,240	15,376	15,087	11,202	3,991
Interest Expense	-609.1	-616.9	-515.6	-419	-582.5	-458.7
Interest & Investment Income	1,185	1,185	969.4	380.8	280	223
Earnings From Equity Investments	-3	-3.8	-6.3	-195.6	-29.2	-
Currency Exchange Gain (Loss)	134.7	134.7	99.8	63.6	59.3	51.2
Other Non Operating Income (Expenses)	788.3	215.2	129.6	220.1	-54.7	114.5
EBT Excluding Unusual Items	17,136	16,154	16,053	15,137	10,875	3,921
Merger & Restructuring Charges	-	-	-	-	-	-216.7
Gain (Loss) on Sale of Investments	1,015	1,015	767.3	294.7	95.1	89.6
Gain (Loss) on Sale of Assets	-14.8	-14.8	46.6	79.5	-9.5	16.9
Asset Writedown	-	-	-	-292.7	-	-
Legal Settlements	-	-	-444.5	317.7	-	-
Other Unusual Items	-1,275	-622.1	522.3	273.6	323.7	-166.1
Pretax Income	16,862	16,532	16,945	15,809	11,284	3,645
Income Tax Expense	6,438	5,989	4,972	4,226	1,608	787.6
Earnings From Continuing Operations	10,424	10,543	11,973	11,584	9,676	2,857
Earnings From Discontinued Operations	-	-	5,357	1,666	234.3	0.8
Net Income to Company	10,424	10,543	17,330	13,250	9,910	2,858
Minority Interest in Earnings	-4,445	-3,806	-5,271	-3,695	-2,222	-105.7
Net Income	5,979	6,737	12,059	9,555	7,688	2,753
Net Income to Common	5,979	6,737	12,059	9,555	7,688	2,753
Net Income Growth	-26.46%	-44.13%	26.21%	24.28%	179.32%	-10.15%
Shares Outstanding (Basic)	193	193	193	193	193	189
Shares Outstanding (Diluted)	194	194	194	193	193	190
Shares Change (YoY)	-19.33%	0.03%	0.05%	0.08%	1.91%	0.82%
EPS (Basic)	30.91	34.83	62.39	49.50	39.87	14.55
EPS (Diluted)	30.89	34.80	62.31	49.39	39.78	14.51
EPS Growth	-8.84%	-44.15%	26.16%	24.16%	174.16%	-10.87%
Free Cash Flow	-	4.6	4,546	9,697	6,469	1,068
Free Cash Flow Per Share	-	0.02	23.49	50.13	33.47	5.63
Dividend Per Share	3.500	3.500	3.500	3.500	3.500	3.500
Gross Margin	31.70%	31.38%	31.40%	30.60%	29.62%	35.90%
Operating Margin	7.37%	8.05%	9.41%	10.45%	9.34%	6.84%
Profit Margin	2.82%	3.56%	7.38%	6.62%	6.41%	4.71%
Free Cash Flow Margin	-	0.00%	2.78%	6.72%	5.39%	1.83%
EBITDA	19,845	19,297	19,238	18,827	14,435	6,280
EBITDA Margin	9.35%	10.20%	11.77%	13.04%	12.03%	10.76%
D&A For EBITDA	4,204	4,058	3,862	3,740	3,233	2,288
EBIT	15,641	15,240	15,376	15,087	11,202	3,991
EBIT Margin	7.37%	8.05%	9.41%	10.45%	9.34%	6.84%
Effective Tax Rate	38.18%	36.23%	29.34%	26.73%	14.25%	21.61%
Revenue as Reported	222,110	198,357	171,420	151,080	125,519	61,514
Advertising Expenses	-	830.2	461.5	238.3	330.8	268.8

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.