Conference Call with Hi-Tech Pipes Management and Analysts on Q3FY25 Performance and Outlook. Listen to the full earnings transcript.
Iron & Steel Products company Hi-Tech Pipes announced Q3FY25 results Total sales volumes increased by 26% to 1.24 lakh tonnes as compared to 0.98 lakh tonnes in Q3FY24, led by increased demand for steel tubes/structural steel products. Revenue from operations increased by 20.78% to Rs 761.02 crore as compared to Rs 630.09 crore in Q3FY24. PAT increased by 33.65% to Rs 19.15 crore as compared to Rs 14.33 crore in Q3FY24. EBITDA increased by 27.42% to Rs 40.23 crore as compared to Rs 31.57 crore in Q3FY24. EBITDA/ton at Rs 3,238/MT in Q3FY25 vs. Rs 3,205/MT in Q3FY24 is at par. During this Quarter, Company has spent approximately Rs 242/MT towards Distribution, Branding and Marketing expenses. Ajay Kumar Bansal, Chairman & Managing Director, Hi-Tech Pipes, said: We are pleased to report another strong quarter, reflecting our commitment to growth, operational efficiency and financial prudence. Our 21% revenuw growth and 34% rise in PAT underscore our market leadership and execution excellence. The in boadring of Hrithik Roshan as our brand ambassador, along with strategic branding iinitiatives, further enhamces our brand visibility. Our A+ credit rating upgrade and disciplined find utilization highlight our financial sterngth. With infrastructure growth in India and supportive government policies, we are well-positioned for future expansion. Hi-Tech Pipes remains committed to innovation, sustainability and vakue creation for all stakeholders. Result PDF