Hi-Tech Pipes reports 10% rise in Q3 consolidated net profit

Hi-Tech Pipes Ltd. | Steel & Iron Products | Metals & Mining | BSE: 543411 | NSE: HITECH

12 Jan 2024 Evaluate

Hi-Tech Pipes has reported results for third quarter ended December 31, 2023 (Q3FY24).

The company has reported 43.44% rise in its net profit at Rs 12.02 crore for the quarter ended December 31, 2023 as compared to Rs 8.38 crore for the same quarter in the previous year. Total income of the company increased by 16.74% at Rs 518.63 crore for Q3FY24 as compared Rs 444.27 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 10.06% rise in net profit at Rs 14.33 crore for Q3FY24 as compared to Rs 13.02 crore for the same quarter in the previous year. Total income of the company increased by 10.66% at Rs 630.54 crore for Q3FY24 as compared Rs 569.80 crore for the corresponding quarter previous year.

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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
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Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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