Stock Report

Hi-Tech Pipes Ltd consolidated Q4FY24 profit lower at Rs. 11.12 crores



Posted On : 2024-05-12 13:12:36( TIMEZONE : IST )

Hi-Tech Pipes Ltd consolidated Q4FY24 profit lower at Rs. 11.12 crores

Hi-Tech Pipes Limited has reported Consolidated financial results for the period ended March 31, 2024.

Financial Results (Q4 FY2024) - QoQ Comparison

The company has reported total income of Rs. 680.7592 crores during the period ended March 31, 2024 as compared to Rs. 630.5401 crores during the period ended December 31, 2023.

The company has posted net profit / (loss) of Rs. 11.1252 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs. 14.3276 crores for the period ended December 31, 2023.

The company has reported EPS of Rs. 0.69 for the period ended March 31, 2024 as compared to Rs. 0.83 for the period ended December 31, 2023.

Financials Q4 FY2024 Q3 FY2024 % Change
Total Income ₹ 680.7592 crs ₹630.5401 crs Up Tick / Down Tick7.96%
Net Profit ₹11.1252 crs ₹14.3276 crs Up Tick / Down Tick-22.35%
EPS ₹0.69 ₹0.83 Up Tick / Down Tick-16.87%

Financial Results (Q4 FY2024) - YoY Comparison

The company has reported total income of Rs. 680.7592 crores during the period ended March 31, 2024 as compared to Rs.702.1556 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs.11.1252 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs.15.8407 crores for the period ended March 31, 2023.

The company has reported EPS of Rs.0.69 for the period ended March 31, 2024 as compared to Rs.0.92 for the period ended March 31, 2023.

Financials Q4 FY2024 Q4 FY2023 % Change
Total Income ₹ 680.7592 crs ₹702.1556 crs Up Tick / Down Tick-3.05%
Net Profit ₹11.1252 crs ₹15.8407 crs Up Tick / Down Tick-29.77%
EPS ₹0.69 ₹0.92 Up Tick / Down Tick-25.00%

Financial Results (Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.2700.4708 crores during the Financial Year ended March 31, 2024 as compared to Rs.2388.1094 crores during the Financial Year ended March 31, 2023.

The company has posted net profit / (loss) of Rs.43.9308 crores for the Financial Year ended March 31, 2024 as against net profit / (loss) of Rs.37.6815 crores for the Financial Year ended March 31, 2023.

The company has reported EPS of Rs.2.73 for the Financial Year ended March 31, 2024 as compared to Rs.2.18 for the Financial Year ended March 31, 2023.

Financials Year Ended FY2024 Year Ended FY2023 % Change
Total Income ₹2700.4708 crs ₹2388.1094 crs Up Tick / Down Tick13.08%
Net Profit ₹43.9308 crs ₹37.6815 crs Up Tick / Down Tick16.58%
EPS ₹2.73 ₹2.18 Up Tick / Down Tick25.23%

Shares of Hi-Tech Pipes Limited was last trading in BSE at Rs. 143.45 as compared to the previous close of Rs. 142.15. The total number of shares traded during the day was 163421 in over 2040 trades.

The stock hit an intraday high of Rs. 145.60 and intraday low of 140.00. The net turnover during the day was Rs. 23451978.00.

Source : Equity Bulls

Keywords

HiTechPipes Q4FY24 FY2024 ResultUpdate