Hariom Pipe Industries Limited — Board Meeting, 09-05-2025: Outcome of Board Meeting

Hariom Pipe Industries has announced a board meeting on May 9, 2025, approving consolidated financial results for the quarter and year ended March 31, 2025. The company posted revenue of Rs 1,357 Cr and net profit of Rs 61.7 Cr for the year, showing solid growth. A final dividend of 6.1% per share is proposed. The lease of Ultra Pipes manufacturing facility was extended to 99 years, supporting capacity expansion. A new subsidiary, Hariom Power and Energy Pvt Ltd, was set up to develop a 60 MW solar project. Key leadership changes were made across sales, marketing, and operations to boost execution.