Categories Earnings, Industrials
Prince Pipes and Fittings Ltd Q4FY23 results out, revenue drops by over 15%
Prince Pipes and Fittings Limited is an integrated piping solution & multi polymer manufacturer. It was established in 1987 and initially manufactured PVC products. It is currently engaged in the manufacturing of polymer piping solutions in four types of polymers CPVC, UPVC, HDPE, PPR.
- Prince Pipes and Fittings Ltd reported Total revenue for Q4 FY23 of ₹764 Crore, down from ₹901 Crore year on year depicting a decline of 15%.
- Total Expenses for Q4 FY23 of ₹616 Crore down, from ₹761 Crore year on year, a decline of 19%.
- Consolidated Net Profit of ₹94 Crore, up 7% from ₹88 Crore in the same quarter of the previous year.
- The Earnings per Share is ₹8.51, up 7% from ₹7.98 in the same quarter of the previous year.
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