EXIDE and TUBE Investment have released the second quarter results for the current financial year. Both the companies have given information about profits, earnings and other figures in the exchange filing. EXIDE has informed in the exchange filing that the consolidated profit of the company has been recorded at Rs 231 crore.

The profit estimate was Rs 310 crore. The company's profit has been much worse than expected. Consolidated profit has decreased from Rs 269 crore to Rs 231 crore on an annual basis.

Talking about the company's consolidated earnings, it has increased from Rs 4,372 crore to Rs 4,450 crore. The estimate for earnings was Rs 4,413 crore. The consolidated EBITDA of the company has increased from Rs 469 crore to Rs 472 crore. The estimate for EBITDA was Rs 537 crore. Talking about the company's consolidated EBITDA margin, it has declined. The margin has decreased from 10.8% to 10.6%. Stock Performance The company's stock has given negative returns in 1 week, 1 month and 3 months. The company's stock has given a return of 74 percent in 1 year and 148 percent in 3 years. TUBE INVESTMENTS Q2: Tube Investments has announced the second quarter results for the current financial year. The company's consolidated profit has come down from Rs 266 crore to Rs 207 crore on an annual basis. Consolidated earnings have increased from Rs 4,306 crore to Rs 4,925 crore. The company's consolidated EBITDA has come down from Rs 563 crore to Rs 491 crore. Consolidated EBITDA margin has also come down from 13% to 10%. Stock Performance Tube Investment Company has given a return of 9.03 percent in 1 month, 9.71 percent in 3 months, 39 percent in 1 year and 165 percent in 3 years. Talking about the company's stake, promoters hold 44.97 percent, foreign institutional investors hold 28.38 percent, domestic institutional investors hold 15.17 percent and retail investors hold 11.48 percent.