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The latest announcement is out from Hi-Tech Pipes Ltd. ( (IN:HITECH) ).
Hi-Tech Pipes Limited reported its highest-ever quarterly and annual sales volumes, highlighting strong growth momentum in its core ERW steel tubes and pipes business. For the quarter ended March 31, 2026, sales volumes rose about 27% year-on-year to 147,125 MT and around 8% sequentially, underscoring improved demand and better capacity utilization.
For the full year FY26, the company’s sales volumes increased by roughly 10% to 532,437 MT, also a record high, reflecting a sustained expansion in its operations. Management said the performance demonstrates its focus on operational efficiency and market strengthening, and indicated confidence in maintaining this growth trajectory amid a supportive demand environment.
More about Hi-Tech Pipes Ltd.
Hi-Tech Pipes Limited is one of India’s leading manufacturers of ERW steel tubes and pipes, serving core infrastructure and construction sectors across the country. The New Delhi-based company focuses on operational efficiency and capacity utilization to strengthen its market presence in the competitive steel pipes industry.
Average Trading Volume: 72,338
Technical Sentiment Signal: Sell
Current Market Cap: 15.68B INR
Find detailed analytics on HITECH stock on TipRanks’ Stock Analysis page.