Indian Hume Pipe Company's Q3 Revenue Down Due to Billing Cycle Delay, But Manufacturing Products Sales Up by 56%

Indian Hume Pipe Company Ltd. announced its unaudited quarterly financial results for the 3rd quarter and nine months ended 31st December 2025. The company's revenue from operations decreased due to the elongation of billing cycles in Jal Jeevan Mission and Bhagiratha Projects. However, the sale value of manufacturing products saw a growth of 56% compared to the corresponding period of the previous year. The company also reported an improvement in EBITDA margin % for Q3 and nine months ended December 31, 2025. The company has sold its freehold surplus land for a consideration of INR 173.96 crores, netting a gain of INR 64.33 crores. The residential projects being developed on the company's surplus land have received a good response, with cash flows of INR 164.26 crores received till 6th February 2026. The company's long-term and short-term credit rating has also improved.