Tube Investments of India has reported results for third quarter ended December 31, 2013.
The company has reported two fold jump in its net profit at Rs 15.40 crore for the quarter, as compared to Rs 7.49 crore for the same quarter in the previous year. Total income from operations of the company increased by 8.98% at Rs 833.66 crore for quarter under review as compared to Rs 764.97 crore for the quarter ended December 31, 2012.
On the consolidated basis, the group has 12.31% rise in net profit at Rs 76.56 crore for the quarter ended December 31, 2013 as compared to Rs 68.17 crore for the same quarter in the previous year. Total income from operations of the group has increased by 19.18% at Rs 2189.10 crore for quarter under review as compared to Rs 1836.74 crore for the quarter ended December 31, 2012.
