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Hariom Pipe Industries Ltd Q1FY24; 50% rise in Profits

Headquartered in Hyderabad, Telangana, Hariom Pipe Industries Limited is an integrated steel manufacturer with a stronghold in the South Indian market. It hasa diverse product portfolio consisting of Mild Steel (MS) Billets, Pipes and Tubes, Hot Rolled (HR) Coils, and Scaffolding Systems, our top-quality products cater to a variety of industrial applications across multiple sectors.


Financial Results:

  • Hariom Pipe Industries Ltd reported Revenues for Q1FY24 of ₹240.00 Crores up from ₹142.00 Crore year on year, a rise of 69.01%.
  • Total Expenses for Q1FY24 of ₹221.00 Crores up from ₹130.00 Crores year on year, a rise of 70.0%.
  • Consolidated Net Profit of ₹15.00 Crores up 50.0% from ₹10.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹5.59, up 49.47% from ₹3.74 in the same quarter of the previous year.
Tags: pipes
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