Tube Investments Q3 Profit Jumps 18%, Declares ₹2 Dividend; Shares Rise

• Tube Investments of India Ltd reported an 18% year-on-year increase in standalone net profit to ₹189 crore for the December quarter.
• Revenue grew 12.7% to ₹2,152 crore, driven by strong demand across its engineering-led portfolio.
• EBITDA rose 27% to ₹309 crore, with margins expanding to 14.3% due to improved operating leverage and cost efficiencies.
• The company declared an interim dividend of ₹2 per equity share for FY26, with the record date set for February 10, 2026.
• Shares of Tube Investments of India surged over 2.5% to an intraday high of ₹2,561.30 on the NSE following the earnings announcement.