The Board of Directors of Gandhi Special Tubes Limited at their meeting held on 25 May 2026, approved the audited financial results for the fourth quarter and financial year ended 31 March 2026. The company reported a revenue from operations of ₹4,720.83 Lakhs for the quarter ended 31 March 2026, compared to ₹4,844.21 Lakhs in the previous quarter ended 31 December 2025 and ₹4,333.47 Lakhs in the corresponding quarter of the previous year ended 31 March 2025. The company’s financial analysis reveals the following performance:
| Particulars | Quarter Ended 31-03-2026 vs 31-12-2025 (QoQ) | Quarter Ended 31-03-2026 vs 31-03-2025 (YoY) |
|---|---|---|
| Revenue from Operations | -2.55% | +8.94% |
| Profit Before Tax | +9.96% | +16.09% |
Note: PBT figures derived from audited statement of cash flows/financial results.
Gandhi Special Tubes Limited is an Indian manufacturer specializing in high-precision, small-diameter cold-drawn seamless and welded steel tubes. Established in 1985 and headquartered in Mumbai, the company serves as a key supplier to Original Equipment Manufacturers (OEMs) in the automotive, hydraulic, and general engineering sectors. The company operates a manufacturing facility in Halol, Gujarat, which is IATF 16949:2016 certified. In May 2026, the company announced a dividend of ₹15 per equity share and a share buyback proposal for up to 8,68,100 shares at a maximum price of ₹900 per share. The company maintains a strong focus on operational efficiency and has historically remained debt-free. Known for its high-pressure fuel injection tubes, the company continues to maintain long-standing relationships with major automotive manufacturers. Recent updates include the appointment of a new General Manager and a Cost Auditor for the upcoming financial year.
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