Tag: TII
MANUFACTURING Tube Investments Q4 PAT Rises 16%; Board Approves ₹350-Cr Fund Raise

Tube Investments of India Ltd, part of the Murugappa Group, reported a 16% increase in standalone net profit for the March quarter at ₹284 crore compared with the year-ago period. The company had reported a net profit of ₹814 crore in the corresponding quarter last year, which included a fair value gain of ₹569 crore […]

CW Bureau · May 13, 2026
MANUFACTURING Tube Investments, N Govindarajan To Invest ₹100 Cr In 3xper Innoventure

Murugappa group firm Tube Investments of India Ltd (TII) has entered into a supplementary agreement with 3xper Innoventure Ltd and N Govindarajan to invest ₹75 crore by TII and ₹25 crore by Govindarajan respectively, in compulsorily convertible preference shares (CCPS) of the company. TII subsidiary 3xper operates in the contract development and manufacturing organisation (CDMO) […]

CW Bureau · Apr 23, 2026