Shanthi Gears Q2 profit down 27% to Rs 15.7 crore
FROM THE WIRE · THEHINDUBUSINESSLINE.COM
Shanthi Gears, a subsidiary of Tube Investments of India Ltd, reported a 27 per cent decrease in net profit to ₹15.7 crore for the second quarter ended September 2026, as against ₹21.5 crore for the same period last year.
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishA quarterly profit decline can weigh on the listed subsidiary of Tube Investments.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Net profit for the quarter ended September 2026 fell 27%.
- 02Net profit was Rs 15.7 crore, against Rs 21.5 crore a year earlier.
- 03Shanthi Gears is a subsidiary of Tube Investments of India Ltd.