Quarterly Result2 Jan 2025, 02:21 pm
Hi-Tech Pipes Achieves Ever Highest Sales Volume in Q3 & 9M FY25 with 26% & 30% YoY Growth Respectively
AI Summary
Hi-Tech Pipes Limited, a leading manufacturer of steel tubes and pipes in India, has achieved an ever highest sales volume of 1,24,233 MT for Q3 FY25 and 3,69,415 MT for the nine months ended FY25. This represents a 26.10% and 30.33% year-on-year (YoY) growth respectively. The company's solar torque tubes, known for their durability, precision, and compliance with stringent industry standards, have been a significant contributor to this growth.
Key Highlights
- Achieved ever highest sales volume of 1,24,233 MT in Q3 FY25, reflecting a 26.10% YoY growth
- Sales volumes for the nine months ended FY25 surged to 3,69,415 MT, representing a 30.33% YoY increase
- Strong performance in the renewable energy sector, particularly in solar torque tubes
- Substantial growth in other key sectors, including infrastructure and construction
- Diverse product portfolio catering to a wide array of industries