Hi-Tech Pipes Ltd. has announced robust financial results for the third quarter of fiscal year 2025. The company reported consolidated net revenue from operations of 7.61 billion rupees and a consolidated profit after tax (PAT) of 191.5 million rupees.
These figures demonstrate significant growth compared to the previous year, reflecting the company's continued expansion and market strength. The positive performance can be attributed to increased sales volumes, particularly in steel tubes and structural steel products, as well as the successful ramp-up of new production facilities.
Hi-Tech Pipes' strong quarterly results align with the overall positive trend in the Indian steel sector, which has been experiencing steady demand growth.
Source: Economic Times