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Hi-Tech Pipes reports 45% rise in total sales volume in Q1FY25

18 Jul 2024 Evaluate

Hi-Tech Pipes has achieved the highest sales volume in its history for Q1FY25. In Q1, the company has recorded a significant increase of 45% with a total sales volume of 1,22,155 MT compared to the same period last year from 84,489 MT and 13% on Quarter on quarter (Q-o-Q) compared to the sales volume of 1,07,721 MT in Q4FY24. This achievement is attributed to the company's strategic initiatives, including expansion of product lines, enhanced marketing efforts, and process optimizations.

Hi-Tech Pipes - an ISO 9001 certified company, is one of India's leading engineering house of excellence and innovation producing steel pipes, hollow sections, tubes, cold rolled coils, road crash barriers, solar mounting structures and strips and a variety of other galvanized products.

Peers
Company Name CMP
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