HITECH

- Q3FY26 Quarterly Result Announced for Hi-Tech Pipes Ltd.

Q3FY26 Quarterly Result Announced for Hi-Tech Pipes Ltd.-

Iron & Steel Products company Hi-Tech Pipes announced Q3FY26 results Total sales volumes increased by 10% to 1.36 lakh tonnes in Q3FY26 as compared to 1.24 lakh tonnes in Q3FY25. Revenue from operations increased by 41% to Rs 1,069.59 crore in Q3FY26 as compared to Rs 761.02 crore in Q3FY25. EBITDA increased by 4% to Rs 41.88 crore in Q3FY26 as compared to Rs 40.23 crore in Q3FY25. EBITDA/ton at Rs 3,078/MT in Q3FY26 vs. Rs 3238/MT in Q3FY25 Decreased by 5% YoY. PAT Decreased by 9.20% to Rs 19.15 crore as compared to Rs 17.39 crore in Q3FY26. Ajay Kumar Bansal, Chairman & Managing Director, Hi-Tech Pipes, said: During the quarter, the Company delivered its highest-ever quarterly performance, with revenues growing 41% year-on-year to Rs 1,070 crore and volumes reaching a record 135,067 tonnes. While EBITDA improved modestly, profitability was impacted by softer HRC prices, leading to a temporary decline in PAT. Despite we remain focused on strengthening operating leverage and improving margins. I am pleased to note the commencement of commercial production at our Sanand Unit-2 Phase I| and the Jammu (Kathua) facility, with Sikandrabad expected to follow shortly, significantly enhancing our scale and product mix. With installed capacity nearing 1 million tonnes and demand supported by infrastructure, renewable energy projects, and export opportunities, the Company is well positioned for sustained long-term growth. All this is for information. This is not a buy/sell recommendation. Thank you, Technofunda24