Iron & Steel Products company Hi-Tech Pipes announced Q2FY26 results. Total sales volumes increased by 1.78% to 1.25 lakh tonnes in Q2FY26 as compared to 1.23 lakh tonnes in Q2FY25. Revenue from operations increased by 21.66% to Rs 858.77 Crore in Q2FY26 as compared to Rs 705.89 Crore in Q2FY25. EBITDA increased by 5.08% to Rs 44.33 Crore in Q2FY26 as compared to Rs 42.18 Crore in Q2FY25. EBITDA/ton at Rs 3540 in Q2FY26 vs. Rs 3429 in Q2FY25 increased by 3.24% YoY. Ajay Kumar Bansal, Chairman & Managing Director, Hi-Tech Pipes, said: "We are pleased to report another quarter of healthy growth in both revenue and profitability, underscoring our focus on higher-value products, process optimization, and a resilient operating model. During the quarter, our revenue from operations grew by 21.66% to Rs 858.77 crore, while profit after tax increased by 11.86% to Rs 20.26 crore, supported by operational efficiencies and an improved product mix. Our capacity expansion initiatives are progressing as planned. The Sikandrabad and Sanand facilities have entered the advanced phase of operational readiness, and we expect these units to meaningfully contribute to our production volumes and growth momentum in the near term. As part of our long-term strategic roadmap, we are also foraying into API-grade pipe manufacturing, which will enhance our presence in high-specification and value-added segments such as oil & gas, water transmission, and industrial infrastructure. This initiative aligns with our broader vision to achieve 2 million tonnes of installed capacity, driving sustainable and value-accretive growth for all our stakeholders." Result PDF