Malpani Pipes Posts Robust Q3FY26 Results, Stays Firm on Growth Trajectory

Malpani Pipes and Fittings Limited has announced its financial performance for the third quarter of FY 2025-26, demonstrating a robust performance and sustained growth momentum despite a challenging operating environment. The company reported revenues of ₹4,665.17 Lakhs, marking a YoY growth of 36.97%. On a cumulative basis, revenues for the nine months ended FY26 stood at ₹11,621.31 Lakhs, registering a solid YoY growth of 26.60%. The growth was driven by improved market penetration, operating leverage, and disciplined cost management. Margins remained in line with H1 FY26 levels, and the company is focused on improving profitability through scale benefits, product mix optimization, and ongoing efficiency initiatives.