Gandhi Special Tubes Limited , a prominent player in the Indian manufacturing sector, has announced the passing of Mr. Bhupatrai Gandhi, a key figure in the company's leadership. Mr. Gandhi, who served as a Promoter and Non-Executive Director, died on September 9, 2025, leaving behind a legacy of invaluable contributions to the organization.

A Loss to the Company

In a regulatory filing to both the BSE Limited and the National Stock Exchange of India Limited, Gandhi Special Tubes Limited expressed deep regret over Mr. Gandhi's demise. The company acknowledged the significant impact Mr. Gandhi had on its growth and direction, stating that it had "immensely benefitted from his invaluable guidance and vision during his tenure on the Board and its Committees."

Leadership and Governance

Mr. Bhupatrai Gandhi held the position of Non-Executive Director and was also identified as a Promoter of Gandhi Special Tubes Limited. His role in the company's governance structure was crucial, as he served on both the Board and various committees, contributing to the strategic decision-making processes that shaped the company's trajectory.

Corporate Response

The Board of Directors and employees of Gandhi Special Tubes Limited collectively conveyed their profound sorrow and heartfelt condolences to Mr. Gandhi's family. This gesture underscores the respect and admiration Mr. Gandhi commanded within the organization.

Regulatory Compliance

In accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company promptly informed the stock exchanges about this significant event. The disclosure included details as required under Schedule III of the Listing Regulations and the SEBI master circular dated November 11, 2024.

Looking Ahead

While the company mourns the loss of a valued leader, the impact of Mr. Bhupatrai Gandhi's contributions is expected to continue influencing Gandhi Special Tubes Limited's operations and strategic direction in the future. The company now faces the task of navigating this transition while honoring the legacy left behind by Mr. Gandhi.

As the business community reflects on the passing of Mr. Bhupatrai Gandhi, his role in shaping Gandhi Special Tubes Limited stands as a testament to his leadership and vision in the Indian manufacturing sector.

Gandhi Special Tubes Limited , a leading manufacturer of specialized tubes, has reported robust financial results for the first quarter, demonstrating strong growth and improved operational efficiency.

Financial Highlights

The company's performance for Q1 showed significant improvement across key financial metrics:

Profit Surge and Revenue Growth

Gandhi Special Tubes witnessed a remarkable 51.00% year-over-year increase in net profit, which rose to ₹216.00 crore from ₹143.20 crore in the same quarter of the previous fiscal year. This substantial growth in profitability underscores the company's ability to enhance its bottom line.

The company's revenue also saw healthy growth, increasing by 17.80% to ₹481.00 crore compared to ₹408.30 crore in the previous year's corresponding quarter. This top-line growth indicates strong demand for Gandhi Special Tubes' products and effective market penetration strategies.

Improved Operational Efficiency

One of the standout aspects of Gandhi Special Tubes' Q1 performance was the significant improvement in operational efficiency. The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) grew by 31.00% to ₹207.00 crore, up from ₹158.00 crore in the corresponding quarter of the previous year.

More impressively, the EBITDA margin expanded by 442 basis points, reaching 43.11% compared to 38.69% in the previous year's Q1. This substantial margin expansion reflects the company's success in optimizing its operations, controlling costs, and improving overall productivity.

Management Approval and Disclosure

The unaudited financial results for the quarter were approved by the Board of Directors at their meeting. The company has duly submitted these results to the stock exchanges in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Gandhi Special Tubes Limited continues to maintain transparency with its shareholders and the market. The detailed financial results will be available on the company's website, and extracts will be published in newspapers as per regulatory requirements.

The strong Q1 performance sets a positive tone for Gandhi Special Tubes as it moves forward, demonstrating resilience and growth potential in the specialized tubes sector.