Indian Hume Pipe Company Limited — Updates, 14-05-2025: Press Release
14-05-2025 | 06:29 pm
14-05-2025 | 06:29 pm
Indian Hume Pipe secured orders worth INR 1325.37 Cr, with higher PCCP and BWSC pipe content raising internal manufacturing to 48%, expected to enhance margins and cut working capital. Capacity expansions at Walwa and Dhule (capex ~INR 46 Cr) are commissioned, lifting annual sales potential to ~INR 240 Cr. Completed 12 projects totaling INR 2437.74 Cr; order book at INR 4002.48 Cr with L1 projects of INR 769.43 Cr. Bengaluru land sale generated net gain of INR 545.22 Cr, supporting a sharp rise in annual net profit to INR 558.05 Cr from INR 77.63 Cr. Dividend proposed at INR 5.80/share (290%).
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