Hi-Tech Pipes business of manufacturing of ERW Steel Round & Section Pipes, cold Rolled Strips & Engineering Products and distribution of the same across india.
Financial Results:
- Hi-Tech Pipes Ltd reported Revenues for Q2FY24 of ₹603.49 Crores up from ₹456.58 Crore year on year, a rise of 32.18%.
- Total Expenses for Q2FY24 of ₹591.92 Crores up from ₹446.47 Crores year on year, a rise of 32.58%.
- Consolidated Net Profit of ₹9.17 Crores up 172.92% from ₹3.36 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹0.70, up 159.26% from ₹0.27 in the same quarter of the previous year.