Tube Investments of India has reported results for third quarter ended December 31, 2014.
The company has reported a net loss of Rs 0.44 crore for the quarter under review as compared to a net profit of Rs 15.40 crore for the same quarter in the previous year. Total income of the company has increased 7.85% at Rs 942.92 crore for Q3FY15 as compared Rs 874.26 crore for the corresponding quarter previous year.
On the consolidated basis the company’s net profit rose 13.82% to Rs 87.14 crore for the Q3 FY15 as compared to Rs 76.56 crore in Q3 FY14. Moreover, the total income increased 10.67% to Rs 2473.31 crore in the quarter under review as compared to Rs 2234.78 crore in the corresponding quarter previous year.
