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Tube Investments of India reports 7% rise in Q2 consolidated net profit

04 Nov 2015 Evaluate

Tube Investments of India has reported results for second quarter ended September 30, 2015.

The company has reported 1.27% fall in its net profit at Rs 24.96 crore for the quarter ended September 30, 2015 as compared to Rs 25.28 crore for the same quarter in the previous year. The company’s total income has decreased by 3.80% to Rs 976.04 crore for the quarter under review from Rs 1014.59 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 6.72% rise in its net profit at Rs 106.91 crore for the quarter ended September 30, 2015 as compared to Rs 100.18 crore for the same quarter in the previous year. However, total income of the company has decreased by 10.05% at Rs 2237.72 crore for quarter under review as compared to Rs 2487.71 crore for the quarter ended September 30, 2014.

Peers
Company Name CMP
Bajaj Finserv 1917.30
TVS Holdings 13000.05
Cholamandalam Fin. 1525.75
Altius Telecom Infra 175.00
Kama Holdings 2282.95
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