SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Tube Investments of India reports 43% fall in Q4 consolidated net profit

13 May 2024 Evaluate

Tube Investments of India has reported results for fourth quarter (Q4) and year ended March 31, 2024.

The company has reported 1.13% fall in its net profit at Rs 247.88 crore for the quarter under review as compared to Rs 250.71 crore for the same quarter in the previous year. However, total income of the company increased by 14.85% at Rs 2107.57 crore for Q4FY24 as compared Rs 1835.02 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 43.16% fall in its net profit at Rs 271.31 crore for fourth quarter ended March 31, 2024 as compared to Rs 477.34 crore for the same quarter in the previous year. However, total income of the company increased by 19.59% at Rs 4573.48 crore for Q4FY24 as compared Rs 3824.32 crore for the corresponding quarter previous year.

For the year ended March 31, 2024, the company has reported 10.42% rise in net profit at Rs 734.51 crore as compared to Rs 665.20 crore for the previous year. Total income of the company increased by 5.04% at Rs 7826.98 crore for year under review as compared to Rs 7451.17 crore for year ended March 31, 2023.

For the year ended March 31, 2024, on the consolidated basis, the company has reported 30% rise in its net profit at Rs 1722.53 crore as compared to Rs 1325.00 crore for the previous year. Total income of the company increased by 13.46% at Rs 17142.04 crore for year under review as compared to Rs 15107.98 crore for year ended March 31, 2023.

Tube Investments Share Price

2756.10 4.10 (0.15%)
16-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
SamvardhanaMotherson 122.70
Tube Investments 2756.10
Bosch 37425.50
UNO Minda 1109.60
CIE Automotive India 482.40
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×