Results     27-May-23
Announcements
Hi-Tech Pipes consolidated net profit rises 41.18% in the March 2023 quarter
Sales rise 18.00% to Rs 701.86 crore
Net profit of Hi-Tech Pipes rose 41.18% to Rs 15.84 crore in the quarter ended March 2023 as against Rs 11.22 crore during the previous quarter ended March 2022. Sales rose 18.00% to Rs 701.86 crore in the quarter ended March 2023 as against Rs 594.78 crore during the previous quarter ended March 2022.

For the full year,net profit declined 6.57% to Rs 37.68 crore in the year ended March 2023 as against Rs 40.33 crore during the previous year ended March 2022. Sales rose 26.98% to Rs 2385.85 crore in the year ended March 2023 as against Rs 1878.85 crore during the previous year ended March 2022.

ParticularsQuarter EndedYear Ended
 Mar. 2023Mar. 2022% Var.Mar. 2023Mar. 2022% Var.
Sales701.86594.78 18 2385.851878.85 27
OPM %4.815.02 -4.335.35 -
PBDT25.9318.25 42 70.1864.98 8
PBT20.7015.77 31 56.4055.32 2
NP15.8411.22 41 37.6840.33 -7

Previous News
  Hi-Tech Pipes consolidated net profit rises 1678.00% in the June 2021 quarter
 ( Results - Announcements 29-Jul-21   13:53 )
  Hi-Tech Pipes commissions 5 MW captive green power utilization
 ( Corporate News - 17-Oct-24   10:11 )
  Hi-Tech Pipes commences commercial production at Unit II Sanand Phase 1
 ( Corporate News - 18-Mar-24   14:00 )
  Board of Hi-Tech Pipes approves change in CFO
 ( Corporate News - 11-Aug-23   14:44 )
  Hi-Tech Pipes allots 20 lakh equity shares on conversion of warrants
 ( Corporate News - 21-Apr-23   16:23 )
  Board of Hi-Tech Pipes recommends final dividend
 ( Corporate News - 16-May-22   09:31 )
  Hi-Tech Pipes commissions trial production of greenfield project at Sanand
 ( Corporate News - 22-Jan-24   14:34 )
  Hi-Tech Pipes standalone net profit rises 88.00% in the June 2023 quarter
 ( Results - Announcements 11-Aug-23   17:03 )
  Hi-Tech Pipes consolidated net profit rises 79.02% in the June 2023 quarter
 ( Results - Announcements 11-Aug-23   17:06 )
  Hi-Tech Pipes' Q3 sales volume rises 26% YoY to 1,24,233 MT
 ( Hot Pursuit - 02-Jan-25   11:18 )
  Hi-Tech Pipes receives upgrade in credit ratings
 ( Corporate News - 16-Dec-24   09:31 )
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