Tube Investments of India Ltd's Q3FY25 Quarter Results
- 04 Feb 2025
Result Summary
- Tube Investments of India Ltd reported a 2.1% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 14.9%.
- Its expenses for the quarter were down by 2.3% QoQ and up 15.5% YoY.
- The net profit decreased 6.4% QoQ and decreased 66.0% YoY.
- The earnings per share (EPS) of Tube Investments of India Ltd stood at 10 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 4889.60 | 4995.24 | 4255.19 | -2.1% | 14.9% |
Total Expenses | 4463.04 | 4569.19 | 3864.71 | -2.3% | 15.5% |
Profit Before Tax | 426.56 | 426.05 | 390.48 | 0.1% | 9.2% |
Tax | 146.34 | 126.75 | 117.55 | 15.5% | 24.5% |
Profit After Tax | 280.15 | 299.17 | 823.86 | -6.4% | -66.0% |
Earnings Per Share | 10.00 | 10.70 | 27.50 | -6.5% | -63.6% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Tube Investments of India Ltd is a prominent player in the manufacturing sector, recognized for its diversified portfolio that spans across cycles, engineering, metal-formed products, and chains. It operates within the broader engineering and auto ancillary industry. The company is renowned for its bicycles, which are marketed under popular brands like BSA, Hercules, and Montra. Additionally, Tube Investments has a significant presence in the automotive sector, supplying critical components such as chains and tubes to major automotive manufacturers. The company has been actively expanding its footprint through strategic acquisitions and investments in new product lines, although specific recent developments are not detailed in the provided data.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Tube Investments of India Ltd reported a total income of ₹4889.60 crores. This figure marks a decrease of 2.1% from the previous quarter (Q2FY25), where the total income was ₹4995.24 crores. However, when compared to the same quarter in the previous year (Q3FY24), there is a significant increase of 14.9%, with the total income then being ₹4255.19 crores. This year-over-year growth indicates a substantial improvement in revenue performance compared to the prior year.
Profitability
The company's profitability metrics for Q3FY25 show that the profit before tax was ₹426.56 crores, which is a slight increase of 0.1% quarter-on-quarter from ₹426.05 crores reported in Q2FY25. Year-over-year, this represents a 9.2% increase from ₹390.48 crores in Q3FY24. The tax expenses for Q3FY25 were ₹146.34 crores, marking a notable increase of 15.5% from the previous quarter and a 24.5% increase year-over-year. Consequently, the profit after tax for Q3FY25 was ₹280.15 crores, reflecting a decrease of 6.4% from the previous quarter and a significant drop of 66.0% from the same quarter last year. The earnings per share followed a similar trend, decreasing by 6.5% QoQ to ₹10.00 and dropping by 63.6% YoY.
Operating Metrics
The financial data indicates that the total expenses for Q3FY25 were ₹4463.04 crores, a decrease of 2.3% from ₹4569.19 crores in Q2FY25. On a year-over-year basis, these expenses have risen by 15.5% from ₹3864.71 crores in Q3FY24. This trend reflects increased operational costs compared to the previous year. The overall trends in the financial data suggest variations in key operating metrics, which include fluctuations in income, expenses, and tax obligations. These fluctuations impact the profitability and earnings per share of Tube Investments of India Ltd, as illustrated by the provided figures for the reported quarters.
