Prakash Pipes Limited — Board Meeting, 10-02-2025: Outcome of Board Meeting

The Board of Directors of Prakash Pipes Limited has approved the financial results for the quarter and nine months ended December 31, 2024. The company achieved net sales of ₹193 crore and an operating profit of ₹36 crore in the quarter, reflecting year-on-year growth of 22% and 20%, respectively. Profit after tax for the quarter remained steady at ₹23 crore. For the nine months, net sales reached ₹598 crore and operating profit totaled ₹100 crore, with profit after tax increasing to ₹73 crore, yielding an EPS of ₹30.44. The PVC Pipes division anticipates higher demand, bolstered by government infrastructure spending and the Jal Jeevan Mission extension. The Flexible Packaging division continues to focus on optimal capacity utilization and export opportunities.