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Tube Investments Q1 Net falls 5%

Company recorded a net profit of Rs 84.77 crore during the same period last year

<a href="http://www.shutterstock.com/pic-26356168/stock-photo-stock-market-crash-chart-raster-version.html?src=ToGmiM_JIPKrZ0JrXZWWzQ-2-65" target="_blank">Market Crash</a> image via Shutterstock

Press Trust of India Chennai
Murugappa Group firm Tube Investments today reported a decline of 4.75% in consolidated net profit at Rs 80.74 crore for the first quarter ended June 30, 2013.

The company had recorded a net profit of Rs 84.77 crore during the same period last year.

For FY 2013, the consolidated net profit of the company stood at Rs 288.51 crore, the company said in a BSE filing.

The total income from operations for the quarter under review rose to Rs 2,065.88 crore from Rs 1,793.09 crore in the corresponding period of previous year.

Shares of the company ended at Rs 138.50, up 1.84%, over previous close on the BSE.
 

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First Published: Aug 02 2013 | 7:33 PM IST

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