Tinna Rubber And Infrastructure Limited reported a 75% year-on-year increase in consolidated net profit to ₹205.66 crore for the first quarter ended June 30, 2026, compared to ₹117.41 crore in the same period last year. Revenue from operations rose to ₹1,561.81 crore from ₹1,302.73 crore, while the EBITDA margin expanded to 21.70% from 15.95%, reflecting improved operational efficiency. The Board of Directors approved the unaudited financial results at a meeting held on July 20, 2026.

Q1 Financial Highlights

The company's standalone net profit for the quarter stood at ₹201.12 crore, up from ₹109.83 crore in Q1 FY26. Standalone revenue from operations increased to ₹1,508.51 crore from ₹1,273.04 crore. The results were reviewed by the Audit Committee and are subject to a limited review by the statutory auditors, S S Kothari Mehta & Co. LLP.

Operational and Strategic Updates

The company operates in a single reportable segment comprising the manufacturing and trading of Crumb Rubber, Crumb Rubber Modifier, Bitumen, Modified Bitumen & Bitumen Emulsion. During the quarter, the company incorporated Tinna Rubber Chile SpA, a wholly owned subsidiary, to expand its global footprint and strengthen the supply chain for end-of-life tyres. The 39th Annual General Meeting is scheduled for September 15, 2026.

Tinna Rubber And Infrastructure Limited has expanded its international operations by incorporating a wholly owned subsidiary in the Republic of Chile. The new entity, named TINNA RUBBER CHILE SpA, was established in Santiago to strengthen the company's global supply chain for end-of-life tyres (ELTs) and other waste materials. This strategic move aims to enhance the company's global footprint by entering the waste management and recycling sector in the South American market.

The incorporation and registration formalities for the entity have been completed. However, certain post-incorporation procedural and regulatory compliances required for the commencement of commercial operations are currently underway. The company stated that the proposed capital infusion into the subsidiary will be executed in due course following the receipt of necessary approvals and the completion of applicable legal formalities.

Subsidiary Details and Capital Structure

TINNA RUBBER CHILE SpA has been incorporated with an authorised share capital of Chilean Pesos 500,000,000. Tinna Rubber And Infrastructure Limited will hold 100% of the share capital in the subsidiary. The ownership structure consists of 50,000,000 ordinary registered shares of a single series, each with a nominal value of CLP 10. The subscription to this share capital, equivalent to convertible Indian rupees, will be conducted in one or more tranches.

Business Objectives and Consideration

The primary objective of the new subsidiary is to carry out the business of recycling and processing end-of-life tyres, plastic waste and scrap, battery waste and scrap, and other allied waste management activities. The consideration for the acquisition involves cash and kind, specifically the capitalisation of exports or payments due. The subsidiary operates within the waste management and recycling industry, focusing on the collection of non-hazardous waste and material recovery. The disclosure was made to the exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.