Net profit of Hi-Tech Pipes rose 33.64% to Rs 19.15 crore in the quarter ended December 2024 as against Rs 14.33 crore during the previous quarter ended December 2023. Sales rose 20.78% to Rs 761.02 crore in the quarter ended December 2024 as against Rs 630.10 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales761.02630.10 21 OPM %5.295.01 - PBDT31.8522.75 40 PBT25.5918.99 35 NP19.1514.33 34 Powered by Capital Market - Live News

Hi-Tech Pipes will hold a meeting of the Board of Directors of the Company on 12 February 2025.Powered by Capital Market - Live News

Hi-Tech Pipes has received upgrade in credit ratings for bank facilities as under:Fund based working capital limits (Rs 120 crore) - IND A+/Stable Non fund based working capital limit (Rs 5 crore) - IND A1+ Powered by Capital Market - Live News

Hi-Tech Pipes has appointed Bollywood celebrity Hrithik Roshan as its Brand Ambassador. He will promote the brand across multiple media channels, included Print, Electronic media, outdoor advertisement, Digital Marketing and Radio Channels. Powered by Capital Market - Live News

The Board of Hi-Tech Pipes at its meeting held on 06 November 2024 has approved the 100% acquisition of Hi-tech Global Steels (CIN: U24311DL2024PTC429740) to further expand its business operations. Powered by Capital Market - Live News