Prince Pipes’s Q1FY24 numbers failed to impress with Revenue declining by 8.3% YoY at ? 554 Cr (as against ? 604 Cr Q1FY23), although, the Volumes increased by 19% YoY at 37,155 MT as compared to 31,250 MT in Q1FY23. The EBITDA was flat, improving by 200bps YoY at ? 45 crore versus ? 44 crore in Q1FY23, with enhanced margins by 80bps YoY to 8.1%.