Hi-Tech Pipes Limited — Updates, 01-04-2025: Press Release
01-04-2025 · 04:05 pm
Hi-Tech Pipes Limited reported a robust sales performance for FY25, achieving record annual sales of 4,85,447 MT, which represents a 24% year-on-year increase from 3,91,147 MT in FY24. In Q4 FY25, the company sold 1,16,032 MT, up 8% from 1,07,721 MT in the same quarter last year. This growth is attributed to strong demand in the infrastructure and construction sectors. The company operates six manufacturing facilities with a consolidated installed capacity of 7,50,000 MTPA and plans to expand to 1 million MT in FY26. Positive market trends suggest ongoing opportunities for growth, making it a potential stock to watch closely for investors.
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