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Hi-Tech Pipes Ltd share price inched up 0.31% to Rs 84.09 after the company`s net profit registered a growth of 13.86% to Rs 20.04 crore, while revenue from operations slipped slightly by 4.56% to Rs 1412.8 crore in Q2FY26 over Q1FY26. The market capitalization of Iron & Steel Products industry group stocks on BSE stood at Rs 3.22 lakh crore, rising 0.18%. It has eased by 0.55% over last one week and moved up slightly by 4.52% in last one month while the market capitalization of Hi-Tech Pipes Ltd has slipped by 1.45% and 2.35% in the same period respectively. Profit before tax (PBT) of Hi-Tech Pipes Ltd stood at Rs 26.48 crore in Q2 FY26, declining 5.33% year-on-year, and heading higher 14.04% quarter-on-quarter. EBITDA came in at Rs 49 crore, jumping 21.75% YoY and gaining 5.99% sequentially. Total expenses softened by 4.89% to Rs 1371.21 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 1052.96 crore, growing marginally by 1.92% YoY, while employee benefits expense was at Rs 9.24 crore, slipping by 2.01% YoY. For the TTM ended FY26, revenue from operations rose 13.65% to Rs 3067.64 crore, while net profit soared by 66.06% to Rs 72.95 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 11811% to Rs 158.14 crore, and PBT surged 66.96% to Rs 97.99 crore compared to previous TTM. The company`s consolidated net cash flow from operating activities stood at Rs 69.83 crore in FY26, as against Rs 95.19 crore in FY25. Hi-Tech Pipes Ltd slipped 3.91% in last one year, performing in line with the benchmark BSE Sensex which has slipped by 3.04% during the same period.

Hi-Tech Pipes will hold a meeting of the Board of Directors of the Company on 12 August 2026.

Net profit of Hi-Tech Pipes declined 0.17% to Rs 17.60 crore in the quarter ended March 2026 as against Rs 17.63 crore during the previous quarter ended March 2025. Sales rose 101.76% to Rs 1480.36 crore in the quarter ended March 2026 as against Rs 733.74 crore during the previous quarter ended March 2025.For the full year,net profit rose 4.40% to Rs 76.16 crore in the year ended March 2026 as against Rs 72.95 crore during the previous year ended March 2025. Sales rose 36.92% to Rs 4200.07 crore in the year ended March 2026 as against Rs 3067.64 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales1480.36733.74 102 4200.073067.64 37 OPM %3.134.76 -4.135.22 - PBDT30.8428.34 9 128.57118.91 8 PBT23.2224.08 -4 101.4797.99 4 NP17.6017.63 0 76.1672.95 4 Powered by Capital Market - Live News

Hi-Tech Pipes will hold a meeting of the Board of Directors of the Company on 28 May 2026.

Hi-Tech Pipes has commenced commercial production at its 1,20,000 MTPA capacity greenfield manufacturing facility (Unit 3) at Sikandrabad, Uttar Pradesh. With this, the company has achieved a landmark milestone of 1 million tons of installed annual capacity. Powered by Capital Market - Live News