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CG Power and Industrial Solutions Limited

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Tube Investments (NSE: TIINDIA) revenue jumps 17%, but Rs 197cr of EV and chip losses explain the profit slip

Tube Investments of India Limited grew consolidated Q1 FY27 revenue 17%, but continuing profit fell 3% as electric-vehicle and semiconductor businesses posted nearly ₹197 crore of combined segment losses. An 8% share-price jump on August 18 suggests investors are increasingly looking through the incubation costs toward a potential EV turnaround.