Tube Investments of India has reported results for first quarter ended June 30, 2015.
The company has reported a fall of 5.58% in its net profit at Rs 17.92 crore for the quarter ended June 30, 2015 as compared to Rs 18.98 crore for the same quarter in the previous year. However, the company’s total income has increased by 3.28% to Rs 1010.52 crore for the quarter under review, from Rs 978.42 crore for the corresponding quarter of the previous year.
On the consolidated basis, the company has reported 6.07% rise in its net profit after tax, minority interest and share of profit/(loss) of associates at Rs 94.95 crore for the quarter ended June 30, 2015 as compared to Rs 89.52 crore for the same quarter in the previous year. Total income of the company has increased by 7.24% at Rs 2553.84 crore for quarter under review as compared to Rs 2381.51 crore for the quarter ended June 30, 2014.
