Chennai: Tube Investment India, an engineering and manufacturing company, has reported revenue of INR 1,663 crore in Q4 compared with INR 1,735 crore in the same period the previous year. The revenue for the year stood at INR 7,236 crore compared to INR 6,359 crore of theprevious year.
Profit Before Tax in Q4 (before exceptional items) was at INR 331 crore as against INR 173 crore in the same period last year.
In the engineering division, the revenue for the quarter was at INR 1,044 crore, compared with INR 1,030 crore. in the corresponding quarter of the previous year. Profit before interest and tax for the quarter was INR 132 crore as against INR 103 crore in the corresponding quarter of the previous year.
The revenue for the full year of the division was at INR 4,562 crore compared with INR 3,868 crore in the previous year. Profit before interest and tax for the full year was INR 549 crore as against INR 376 crore in the previous year, registering a growth of 46%.
In the metal formed products the revenue for the quarter was at INR 347 crore. compared with INR 336 crore in the corresponding quarter of the previous year. Profit before interest and tax for the quarter was INR 45 core. as against INR 39 crore in the corresponding quarter of the previous year.
The revenue for the full year was at INR 1,424 crore compared with INR 1,240 crore in the previous year. Profit before interest and tax for the full year was INR 174 crore as against INR 136 crore in the previous year, registering a growth of 28%.
In the mobility division, the revenue for the quarter stood at INR 155 crore compared with INR 249 crore in the corresponding quarter of the previous year. Loss before interest and tax for the quarter was INR 5 cr oreas against profit of INR 13 crore in the corresponding quarter of the previous year.
The revenue for the full year was at INR 800 crore compared with INR 963 crore in the previous year. Profit before interest and tax for the full year was INR 17 crore as against INR 55 crore in the previous year.
The revenue for the quarter in other divisions stood at INR 191 crore compared with INR 194 crore in the corresponding quarter of the previous year. Profit before interest and tax for the quarter was INR 11 crore, as against INR 4 crore, in the corresponding quarter of the previous year.
The revenue for the full year was at INR 768 crore compared with INR 562 core in the previous year. Profit before interest and tax for the full year was INR 48 core as against INR 36 crore in the previous year, registering a growth of 33%.