![[fetch_key]](https://stocktradeupdates.com/wp-content/uploads/new_logos/HITECH.png)
Share the post "HI-TECH PIPES ‘s Q3 2024-25 Latest News: Revenue Up by 20.78% Year-on-Year"
Highlights
🔹 The presented financial data is Consolidated to provide a comprehensive overview of the company performance. 🔹 Sales over the Year and quarter: The company experienced a substantial growth of 20.78 % in the past year, substantial increase in net sales/revenue by 7.81 %. 🔹 Income over the Year and quarter: There has been decline in other income over the past year which is -13.57 %, Marginal decrease of -60.46% in other income during this quarter. 🔹 Profit over the Year and quarter: Significant improvement in profitability for HI-TECH PIPES LIMITED. Notable increase of 33.65 % in net profit Year to Year, HI-TECH PIPES LIMITED’s profitability increased by 5.73 % in this quarter. 🔹 EPS over the Year and quarter: EPS declined by -0.92 % Year to Year. EPS decreased by -1.82 % in previous quarter. Analysis needed for shareholder value.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 630.098 Cr | Rs. 705.899 Cr | Rs. 761.015 Cr | + 7.81 % | + 20.78 % |
| Expenses | Rs. 598.52 Cr | Rs. 663.71 Cr | Rs. 720.78 Cr | + 8.6 % | + 20.43 % |
| Operating Profit | Rs. 31.58 Cr | Rs. 42.19 Cr | Rs. 40.24 Cr | -4.62 % | + 27.42 % |
| OPM % | 5.01 % | 5.98 % | 5.29 % | -0.69 % | + 0.28 % |
| Other Income | Rs. 0.442 Cr | Rs. 0.966 Cr | Rs. 0.382 Cr | -60.46 % | -13.57 % |
| Interest | Rs. 9.27 Cr | Rs. 13.56 Cr | Rs. 8.77 Cr | -35.32 % | -5.39 % |
| Depreciation | Rs. 3.75 Cr | Rs. 5.28 Cr | Rs. 6.26 Cr | + 18.56 % | + 66.93 % |
| Profit before tax | Rs. 19 Cr | Rs. 24.32 Cr | Rs. 25.59 Cr | + 5.22 % | + 34.68 % |
| Tax % | 24.57 % | 25.51 % | 25.17 % | -0.34 % | + 0.6 % |
| Net Profit | Rs. 14.33 Cr | Rs. 18.11 Cr | Rs. 19.15 Cr | + 5.74 % | + 33.64 % |
| EPS in Rs | Rs. 0.83 | Rs. 1.1 | Rs. 1.08 | -1.82 % | + 30.12 % |
Today, we’re looking at HI-TECH PIPES LIMITED’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 20.78 %. However, it did see a marginal increase of 7.81 % from the previous quarter. Expenses ticked up slightly by 8.6 % quarter-on-quarter, aligning with the annual rise of 20.43 %. Operating profit, while up 27.42 % compared to last year, faced a quarter-on-quarter dip of -4.62 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.28 %, but a shrinkage of -0.69 % sequentially. Other income fell by -60.46 % compared to the last quarter, despite an annual decline of -13.57 %. Interest expenses dropped significantly by -35.32 % from the previous quarter, yet the year-over-year decrease remains at a moderate -5.39 %. Depreciation costs climbed by 18.56 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 66.93 %. Profit before tax grew annually by 34.68 % but saw an increase from the preceding quarter by 5.22 %.
Tax expenses as a percentage of profits increased slightly by 0.6 % compared to last year, with a more notable quarter-on-quarter decrease of -0.34 %. Net profit rose by 33.64 % year-on-year but experienced a 5.74 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 30.12 % but a quarterly fall of -1.82 %. In summary, HI-TECH PIPES LIMITED’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 630.098 Cr | Rs. 705.899 Cr | Rs. 761.015 Cr | + 7.81 % | + 20.78 % |
| Expenses | Rs. 598.52 Cr | Rs. 663.71 Cr | Rs. 720.78 Cr | + 8.6 % | + 20.43 % |
| Operating Profit | Rs. 31.58 Cr | Rs. 42.19 Cr | Rs. 40.24 Cr | -4.62 % | + 27.42 % |
| Net Profit | Rs. 14.33 Cr | Rs. 18.11 Cr | Rs. 19.15 Cr | + 5.74 % | + 33.64 % |
| EPS in Rs | Rs. 0.83 | Rs. 1.1 | Rs. 1.08 | -1.82 % | + 30.12 % |
In reviewing HI-TECH PIPES LIMITED’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 20.78 % year-on-year growth, however, there was a minor increase of 7.81 % from the previous quarter. Expenses rose by 20.43 % compared to the previous year, with a 8.6 % increase quarter-on-quarter. Operating Profit surged by 27.42 % annually, and saw a -4.62 % decrease from the last quarter.
Net Profit showed yearly increase of 33.64 %, and experienced a 5.74 % increase from the previous quarter. Earnings Per Share (EPS) rose by 30.12 % annually, however dipped by -1.82 % compared to the last quarter. In essence, while HI-TECH PIPES LIMITED exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.
