Hi-Tech Pipes consolidated net profit rises 72.09% in the March 2022 quarter

14 May 2022 , 01:54 PM

Net profit of Hi-Tech Pipes rose 72.09% to Rs 11.22 crore in the quarter ended March 2022 as against Rs 6.52 crore during the previous quarter ended March 2021. Sales rose 51.92% to Rs 594.78 crore in the quarter ended March 2022 as against Rs 391.51 crore during the previous quarter ended March 2021. For the full year,net profit rose 76.89% to Rs 40.33 crore in the year ended March 2022 as against Rs 22.80 crore during the previous year ended March 2021. Sales rose 40.15% to Rs 1878.85 crore in the year ended March 2022 as against Rs 1340.63 crore during the previous year ended March 2021.

Particulars	Quarter Ended	Year Ended
?	Mar. 2022	Mar. 2021	% Var.	Mar. 2022	Mar. 2021	% Var.
Sales	594.78	391.51	52	1878.85	1340.63	40
OPM %	5.02	4.93	–	5.35	5.28	–
PBDT	18.25	10.92	67	64.98	39.31	65
PBT	15.77	8.58	84	55.32	30.99	79
NP	11.22	6.52	72	40.33	22.80	77

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