Iron & Steel Products company Hi-Tech Pipes announced Q1FY26 results Sales: 1.24 lakh tonnes, up from 1.22 lakh tonnes YoY. Company recorded Revenue from Operations of Rs 791.36 crore, as compared to Rs 866.98 crore in Q1FY25. EBITDA at Rs 41.03 crore, supported by product diversification and operational efficiencies. EBITDA per tonne stood at Rs 3,308, showing a clear sequential improvement, underscoring the impact of value-added product contribution and optimized cost structures. Company achieved a Profit After Tax (PAT) of Rs 21.03 crore, the highest-ever quarterly profit in its history, reflecting sound financial discipline and sharp execution. Ajay Kumar Bansal, Chairman & Managing Director, Hi-Tech Pipes, said: “We are pleased with our performance in Q1FY26, particularly with our highest ever quarterly PAT and the sequential improvement in per-tonne profitability. These results reflect our disciplined execution and the growing strength of our business model.” “Our capacity augmentation initiatives are progressing well, and with the imminent commissioning of our Sikandrabad and Sanand units, we are confident of surpassing the 1 million tonne milestone in the near term. This forms a strong launchpad for our broader 2 million tonne installed capacity vision by FY29. As a key part of this growth roadmap, we are also strategically venturing into API-grade pipe manufacturing, which will significantly enhance our presence in high margins, value-accretive sectors such as oil & gas, water transmission, and industrial infrastructure. This initiative is fully integrated into our 2 million tonne capacity expansion strategy.” “As we scale, our continued emphasis on premiumization, value-added product innovation, export market expansion, and brand building will enable us to create sustainable, long-term value for all stakeholders.” Result PDF