Bigul

Hi-Tech Pipes Ltd - 543411 - Announcement under Regulation 30 (LODR)-Monitoring Agency Report

Hi-Tech Pipes Limited has informed the exchange about the report of Monitoring Agency for the Quarter ended 31st December, 2023.
17-01-2024
Bigul

Hi-Tech Pipes Ltd - 543411 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the Quarter ended 31st December, 2023.
15-01-2024
Bigul

Hi-Tech Pipes Ltd - 543411 - Announcement under Regulation 30 (LODR)-Newspaper Publication

Hi-Tech Pipes Limited has informed the exchange regarding copy of Newspaper Publication of the Un-audited Financial Results of the company for the Quarter and Nine Months ended 31st December, 2023.
13-01-2024
Bigul

Hi-Tech Pipes Ltd - 543411 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

Hi-Tech Pipes Limited has informed the exchange regarding Link of Conference Call held to discuss Q3FY24 Financial Results.
12-01-2024

Hi-Tech Pipes Results Earnings Call for Q3FY24

Conference Call with Hi-Tech Pipes Management and Analysts on Q3FY24 Performance and Outlook. Listen to the full earnings transcript.
12-01-2024
Bigul

Hi-Tech Pipes Ltd - 543411 - Announcement under Regulation 30 (LODR)-Change in Directorate

Hi-Tech Pipes Limited has informed the exchange regarding Appointment of New Director.
12-01-2024
Bigul

Q3FY24 Quarterly & 9MFY24 Result Announced for Hi-Tech Pipes Ltd.

Iron & Steel Products company Hi-Tech Pipes announced Q3FY24 & 9MFY24 results: Consolidated Q3FY24 Highlights Revenue: Increased by 10.7% to Rs 630.09 crore (YoY) PAT (Profit After Tax): Increased by 10.10% to Rs 14.33 crore (YoY) Sales Volume: Increased by 8% to 98,512 tonnes (YoY) EBITDA: Increased by 12.5% to Rs 31.57 crore (YoY) EBITDA/Ton: Rs 3,205, up by 4.5% (YoY) and 20.35% (QoQ) Consolidated 9MFY24 Highlights Revenue: Up by 20% to Rs 2,018.27 crore (YoY) PAT: Surged by 50% to Rs 32.81 crore (YoY) Sales Volume: Rose by 14.25% to 2,83,426 tonnes (YoY) EBITDA: Grew by 14.49% to Rs 79.52 crore (YoY) Commenting on the performance, Ajay Kumar Bansal, Chairman and Managing Director, HiTech Pipes said, “The Government of India has taken the vision for Vikshit Bharat on the 100th Anniversary of its Independence. This is a very ambitious vision and it opens up a lot of opportunities for every industry, particularly the Infrastructure and Construction sector. The National Infrastructure Pipeline (NIP) for FY19-25 is a first-of-its-kind, whole-of-government exercise to provide world-class infrastructure to citizens and improve their quality of life. Under this policy, an investment of Rs 1.11 Lacs Crore is expected for the development of world-class infrastructure. Steel consumption is also expected to increase from 120 million tons to 250 million tons by 2030. Your company also took this challenge as an opportunity and it is certain to achieve the vision of One Million Ton Installed Capacity by 2025 and an additional one million MT in the foreseeable future. The focus of the company to increase the proportion of its value-added products is also yielding positive results and it has increased from 26% in FY23 to 31% in Q3FY24 ( 29% in 9MFY24 ). We have the vision to increase it to more than 50% by FY26." Result PDF
12-01-2024
Bigul

Hi-Tech Pipes Ltd - 543411 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

MEDIA RELEASE TITLED AS "Q3FY24 FINANCIAL PERFORMANCE"
12-01-2024
Bigul

Hi-Tech Pipes Ltd - 543411 - Results- Financial Results For The Quarter Ended 31St December, 2023.

Financial Results of the company for the Quarter and Nine Months ended 31st December,2023.
12-01-2024
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