TRENDING NEWS
Back to news
18 May, 2025
Share:
Multibagger Small-Cap Below Rs 100 To Announce Q4 Results and Final Dividend on 26 May
@Source: timesnownews.com
Hi-Tech Pipes Ltd, a Delhi-based manufacturer of steel pipes, is set to declare its March quarter (Q4) financial results and final dividend for FY25 during a board meeting scheduled for Monday, 26 May 2025. The announcement was made via an exchange filing, confirming the agenda to consider and approve both standalone and consolidated audited financial statements and determine the final dividend payout for the year ended 31 March 2025. The company, whose stock closed at ₹94 apiece on Friday, has earned a reputation as a multibagger, having surged over 1,042.16 per cent in the last five years. It continues to attract attention from retail and institutional investors alike. The official filing stated: "This is to inform you that the Meeting of Board of Directors of the company will be held on Monday, 26th day of May, 2025 to consider, approve or recommend the following businesses: To consider and approve Audited Financial Results (Standalone & Consolidate) for the Quarter and Year ended March 31, 2025. Final Dividend, if any, on equity shares for the financial year ended March 31, 2025.” As required under SEBI’s Insider Trading norms, the company reiterated that its trading window remains closed from 1 April 2025 until 48 hours after the announcement of the financial results. Hi-Tech Pipes posted an impressive performance in the December quarter (Q3FY25), reporting a consolidated net profit of ₹19.15 crore — a 33.65 per cent increase compared to ₹14.33 crore in Q3FY24. Revenue from operations also rose sharply by 20.78 per cent year-on-year to ₹761.02 crore, up from ₹630.09 crore. The company’s consistent growth, bolstered by India's infrastructure expansion and rising steel demand, has kept it on the radar of market analysts. It continues to benefit from its diversified portfolio, operational efficiency, and capacity expansions. According to recent industry updates, steel pipe demand in India is expected to grow due to increased public infrastructure projects under government schemes like PM Gati Shakti. Analysts view Hi-Tech Pipes’ prospects positively, citing strong fundamentals and timely capacity augmentation. Hi-Tech Pipes, listed on the NSE and BSE, caters to sectors such as infrastructure, real estate, automobiles, and energy. Its long-term strategy includes enhancing its nationwide distribution network and improving margins through backward integration.
For advertisement: 510-931-9107
Copyright © 2025 Usfijitimes. All Rights Reserved.