TIINDIA Q2 Results: Revenue rose by 14.00% year-over-year (YoY) to Rs. 4925 crore, while net profit declined by 13.00% YoY to Rs. 299 crore.
Tube Investments of India Limited is an Indian engineering and manufacturing company that specializes in bicycles, metal formed products, and chains.
Revenue
Revenue for the current quarter (Sep 2024) is Rs. 4925 crore which is Rs. 4578 crore more than the revenue in the previous quarter (Jun 2024). However, it is higher than the revenue for the same quarter last year (Sep 2023) which was Rs. 4306 crore.
Net Profit
Net Profit for the current quarter (Sep 2024) is Rs. 299 crore, which is Rs. 317 crore less than the net profit in the previous quarter (Jun 2024). However, compared to the same quarter last year, it is significantly lower than the net profit of Rs. 346 crore for Sep 2023.
EPS
The EPS for the current quarter (Sep 2024) is 10.69, which is 11.73 less than the EPS for the previous quarter (Jun 2024). However, compared to the same quarter last year, it is lower than EPS of 13.77 for Sep 2023.
Other Income
Other income for the current quarter (Sep 2024) is Rs. 71 crore, which is Rs. 65 crore more than the other income for the previous quarter (Jun 2024). However, compared to the same quarter last year, it is higher than the other income of Rs. 59 crore for Sep 2023.