HiTech Pipes Ltd achieves highest ever Quarterly Sales Volume in Q1FY27

HiTech Pipes Limited, a leading Indian manufacturer of ERW steel pipes, today announced its sales volume performance for the first quarter of FY27.

The company achieved a sales volume of 1,56,136 MT in Q1FY27, reflecting a 26% year-onyear (YoY) growth compared to 1,24,027 MTin Q1FY26 On a quarter-on-quarter (QoQ) basis, sales volume grew by a 6% from 1,47,127 MT in Q4FY28.

The growth in volumes was driven by continued demand from infrastructure, construction, and engineering segments, supported by the Company's diversified product portfolio,expanded capacities, and strong customer relationships.

One of India's leading steel processing companies, providing world class innovative products for nearly Four decades with a strong presence in steel pipes, hollow sections, tubes, cold rolled coils & strips, road crash barriers, solar mounting structures, GP/GC Sheets, Color Coated Coils and a variety of other galvanised products. The Company operates 8 state-of-the-art integrated manufacturing facilities located at Sikandrabad (UP), Sanand (Gujarat), Hindupur (AP) - near Bangalore, and Khopoli (Maharashtra), with an installed capacity of 10,50,000 MTPA, on a consolidated basis and is on the way to reach 2million Tones Capacity in Fy29. The Company has direct marketing presence in over 20 states with more than 550+ Dealers & distributors across India.

Shares of Hi-Tech Pipes Limited was last trading in BSE at Rs. 169.70 as compared to the previous close of Rs. 170.10. The total number of shares traded during the day was 42680 in over 739 trades.

The stock hit an intraday high of Rs. 171.50 and intraday low of 169.35. The net turnover during the day was Rs. 7258659.00.

Source : Equity Bulls

Keywords

HiTechPipes INE106T01017 QuarterlyUpdate SalesVolume Q1FY27