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Tube Investments’ Q4 net jumps 100%

Tube Investments of India Ltd has recorded over 111.9 per cent jump on its profit for the fourth quarter ending March 31, 2023 at Rs 477.40 crore.

Chennai: Tube Investments of India Ltd has recorded over 111.9 per cent jump on its profit for the fourth quarter ending March 31, 2023 at Rs 477.40 crore.

The city-based Murugappa Group firm had registered consolidated net at Rs 225.22 crore registered in the corresponding period of last year. For the year ending March 31, 2023 the consolidated profit surged to Rs 1,325.06 crore from Rs 991.04 crore recorded a year ago.

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