{"id":155886,"date":"2023-11-07T07:50:33","date_gmt":"2023-11-07T12:50:33","guid":{"rendered":"https:\/\/44.250.171.167\/?p=155886"},"modified":"2023-11-07T07:50:35","modified_gmt":"2023-11-07T12:50:35","slug":"hi-tech-pipes-ltd-q2fy24-173-rise-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/hi-tech-pipes-ltd-q2fy24-173-rise-in-profits\/","title":{"rendered":"Hi-Tech Pipes Ltd Q2FY24; 173% rise in Profits"},"content":{"rendered":"<p>Hi-Tech Pipes business of manufacturing of ERW Steel Round &amp; Section Pipes, cold Rolled Strips &amp; Engineering Products and distribution of the same across india.<\/p>\n<p>Financial Results:<\/p>\n<ul>\n<li>Hi-Tech Pipes Ltd reported Revenues for Q2FY24 of \u20b9603.49 Crores up from \u20b9456.58 Crore year on year, a rise of 32.18%.<\/li>\n<li>Total Expenses for Q2FY24 of \u20b9591.92 Crores up from \u20b9446.47 Crores year on year, a rise of 32.58%.<\/li>\n<li>Consolidated Net Profit of \u20b99.17 Crores up 172.92% from \u20b93.36 Crores in the same quarter of the previous year.<\/li>\n<li>The Earnings per Share is \u20b90.70, up 159.26% from \u20b90.27 in the same quarter of the previous year.<\/li>\n<\/ul>\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-91-839x1024.png\" alt=\"\" class=\"wp-image-155887\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-91-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-91-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-91-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-91-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-91.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/ASAI-Product-2-1.gif\" alt=\"\" class=\"wp-image-155784\" width=\"435\" height=\"161\"\/><\/figure><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Hi-Tech Pipes business of manufacturing of ERW Steel Round &amp; Section Pipes, cold Rolled Strips &amp; Engineering Products and distribution of the same across india. Financial Results: Hi-Tech Pipes Ltd reported Revenues for Q2FY24 of \u20b9603.49 Crores up from \u20b9456.58 Crore year on year, a rise of 32.18%. Total Expenses for Q2FY24 of \u20b9591.92 Crores [&hellip;]<\/p>\n","protected":false},"author":1917,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392],"tags":[9799],"class_list":["post-155886","post","type-post","status-publish","format-standard","hentry","category-infographics","category-earnings","tag-pipes"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":155461,"url":"https:\/\/alphastreet.com\/india\/apollo-pipes-ltd-q2fy24-20-rise-in-revenue\/","url_meta":{"origin":155886,"position":0},"title":"Apollo Pipes Ltd Q2FY24; 20% rise in Revenue","author":"Divyansh_Kasana","date":"October 30, 2023","format":false,"excerpt":"Apollo Pipes is engaged in manufacturing and trading of cPVC, uPVC, and HDPE pipes, PVC taps, fittings, water storage tank and solvent etc. It is among the top 10 leading piping solution providing Company in India. The products cater to an array of industrial applications such as Agriculture, Water Management,\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-163.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-163.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-163.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-163.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-163.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-163.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":155673,"url":"https:\/\/alphastreet.com\/india\/surya-roshni-ltd-q2fy24-12-rise-in-profits\/","url_meta":{"origin":155886,"position":1},"title":"Surya Roshni Ltd Q2FY24; 12% rise in Profits","author":"Chirag Gupta","date":"November 2, 2023","format":false,"excerpt":"Surya Roshni Limited incorporated in 1973 has emerged as India\u2019s largest ERW Pipes exporter, largest GI Pipes producer, and the second largest in the lighting segment. Its focus is on developing the value-added product mix (3LPE Coated pipes, Alkyd pipes, etc.) Financial Results: Surya Roshni Ltd reported Revenues for Q2FY24\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-27.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-27.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-27.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-27.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-27.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-27.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":157205,"url":"https:\/\/alphastreet.com\/india\/electrosteel-castings-ltd-q2fy24-230-rise-in-profits\/","url_meta":{"origin":155886,"position":2},"title":"Electrosteel Castings Ltd Q2FY24; 230% rise in Profits","author":"Divyansh_Kasana","date":"December 8, 2023","format":false,"excerpt":"Electrosteel Castings is engaged in the business of manufacturing Ductile Iron (DI) Pipes, Ductile Iron Fittings (DIF), Cast Iron (CI) Pipes and produces and supplies Pig Iron. Financial Results: Electrosteel Castings Ltd reported Revenues for Q2FY24 of \u20b91,919.00 Crores up from \u20b91,784.00 Crore year on year, a rise of 7.57%.\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-65.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-65.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-65.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-65.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-65.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-65.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":156490,"url":"https:\/\/alphastreet.com\/india\/prince-pipes-3-rise-in-revenue\/","url_meta":{"origin":155886,"position":3},"title":"Prince Pipes &#038; Fittings Ltd Q2FY24; 3% rise in Revenue","author":"Chirag Gupta","date":"November 21, 2023","format":false,"excerpt":"Prince Pipes and Fittings Limited is an integrated piping solution & multi polymer manufacturer. 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Financial Results: Prince Pipes & Fittings\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-268.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-268.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-268.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-268.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-268.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-268.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":157123,"url":"https:\/\/alphastreet.com\/india\/rama-steel-tubes-ltd-q2fy24-28-rise-in-profits\/","url_meta":{"origin":155886,"position":4},"title":"Rama Steel Tubes Ltd Q2FY24; 28% rise in Profits","author":"Chirag Gupta","date":"December 6, 2023","format":false,"excerpt":"Incorporated in 1974, Rama steel tubes is one of the leading manufacturers of Steel Pipes & Tubes, Rigid PVC & G.I. Pipes and square section products in India. Financial Results: Rama Steel Tubes Ltd reported Revenues for Q2FY24 of \u20b9203.33 Crores down from \u20b9347.24 Crore year on year, a fall\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-39.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-39.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-39.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-39.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-39.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-39.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":155359,"url":"https:\/\/alphastreet.com\/india\/venus-pipes-100-rise-in-profits\/","url_meta":{"origin":155886,"position":5},"title":"Venus Pipes &#038; Tubes Ltd Q2FY24; 100% rise in Profits","author":"Chirag Gupta","date":"October 26, 2023","format":false,"excerpt":"Venus Pipes & Tubes Limited is a manufacturer and exporter of stainless steel pipes and tubes. The company is manufacturing stainless steel tube products in two broad categories - seamless tubes\/pipes and welded tubes\/pipes under which five categories of products are manufactured namely, stainless steel high precision & heat exchanger\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-134.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-134.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-134.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-134.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-134.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-134.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/155886","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1917"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=155886"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/155886\/revisions"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=155886"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=155886"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=155886"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}