Hi-Tech Pipes Limited — Updates, 02-01-2025: Press Release

Hi-Tech Pipes Limited has reported record sales volumes for Q3 and the first nine months of FY25, achieving 1,24,233 MT in Q3, a surge of 26.10% year-on-year, and 3,69,415 MT for 9M FY25, marking a 30.33% increase. The company's strong performance is primarily attributed to its solar torque tubes, which have seen heightened demand in India's expanding solar energy sector. Alongside this, substantial growth was noted in infrastructure and construction markets. The company maintains a robust product portfolio, catering to diverse industries, enhancing its market strengths. The commitment to innovation and capacity optimization further solidifies Hi-Tech Pipes' leadership position in the steel tubes and pipes sector, indicating a positive outlook for future growth opportunities.