Prakash Pipes Limited — Important, 30-05-2025: General Updates

Prakash Pipes has announced a board meeting on the financial results for the quarter and half-year. Net sales rose 17% to ₹780 Cr, with operating profit up 10% at ₹118 Cr. PAT reached ₹83 Cr, EPS ₹34.74. The Board proposed a 24% dividend (₹2.40/share). PVC Pipes sales grew 3% to 42,632 MT supported by improving government capex and rural demand. Flexible Packaging volumes jumped 28% to 15,458 MT, driven by exports despite domestic margin pressure. MD Kanha Agarwal was re-appointed for five years.