L Ramkumar

The city-based company had posted net profit of Rs 87.14 crore during the corresponding period last fiscal. For the nine-month period ending December 31, 2015, consolidated net profit grew by 13.1 percent, from Rs 276.84 crore to Rs 313.36 crore.

Will look at reshuffle of Shanthi Gears: Tube Investments

Tube Investments of India has confirmed it will buyout the entire 44.12% stake from Shanthi Gears' promoters. L Ramkumar, the MD of Tube Investments says it will make an open offer post the acquisition which is expected to be funded via internal accruals.

Tube Investments to acquire 44% stake in Shanthi Gears

Tube Investments will acquire 44% stake in Shanthi Gears, reports CNBC-TV18.

Passenger vehicle segment may lag: Tube Investment

Tube Investment slipped on concerns about slowdown in passenger vehicles and truck segment as 65% of its revenues come from automotive business. The impact of rupee depreciation on the business however is likely to be minimal. Managing director L Ramkumar doesn’t expect a significant growth for this year over last year.

Tube Investments expects to maintain EBITDA margins ahead

In an interview with CNBC-TV18, L Ramkumar, MD, Tube Investments says, there has been pressure on the margins due to the increase in steel and rubber prices. “Our endeavour is to maintain the same profit margins, earnings before interest, taxes, depreciation and amortization (EBITDA) margins,” he adds.

Will sustain margins despite high input costs: Tube Invsts

In an interview with CNBC-TV18, L Ramkumar, managing director of Tube Investments, spoke about the latest happenings in his company and the road ahead.