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Malpani Pipes and Fittings announced its audited financial results for the half-year and full financial year ended March 31. For the full year, revenue from operations reached ₹163.03 Cr, with a profit of ₹9.03 Cr. The company also approved acquiring 100% equity shares of Terex Industries Private Limited for ₹3.96 Cr. This acquisition aims to boost Malpani's polymer and piping business, expanding its product portfolio and market reach, with Terex becoming a wholly-owned subsidiary. Terex reported an unaudited turnover of ₹21.42 Cr and net worth of ₹3.92 Cr for the last fiscal year.