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Tube Investments of India consolidated net profit rises 27.96% in the December 2015 quarter

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Capital Market

Sales decline 40.24% to Rs 1390.96 crore

Net profit of Tube Investments of India rose 27.96% to Rs 111.50 crore in the quarter ended December 2015 as against Rs 87.14 crore during the previous quarter ended December 2014. Sales declined 40.24% to Rs 1390.96 crore in the quarter ended December 2015 as against Rs 2327.76 crore during the previous quarter ended December 2014. ParticularsQuarter EndedDec. 2015Dec. 2014% Var.Sales1390.962327.76 -40 OPM %9.3113.71 -PBDT100.36286.33 -65 PBT73.95241.83 -69 NP111.5087.14 28

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First Published: Feb 02 2016 | 5:01 PM IST

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