Indian Hume Pipe Co. Ltd Reports Improved Operating Margins, Completes Capacity Expansion, and Sells Land for INR 559 Crores

Indian Hume Pipe Co. Ltd has reported improved operating margins due to an increase in manufacturing components in total orders of INR 1325.37 crores. The company has completed capacity expansion at its Walwa and Dhule plants in Maharashtra at a total capex value of INR 46 Crores. The company has also sold its freehold land in Yelahanka, Bengaluru for INR 559 crores, resulting in a net gain of INR 545.22 crores. The estimated balance value of the work as at 8th May, 2025 is INR 4002.48 Crores.