06-01-2025 12:29:13 AM
Metro India News | Hyderabad
Hi-Tech Pipes Limited, manufacturer of steel tubes and pipes in India, is delighted to announce its exceptional sales performance for the third quarter and nine months ended FY25.
The company has achieved an ever highest sales volume of 1,24,233 MT for Q3 FY25, reflecting an impressive 26.10% year-on-year (YoY) growth. For the nine months ended FY25, sales volumes surged to 3,69,415 MT, representing a stellar 30.33% YoY increase.
A significant contributor to this growth was the company’s solar torque tubes, which played a pivotal role in driving sales volumes. These high-quality products are increasingly in demand due to the rapid expansion of the solar energy sector in India.
Known for their durability, precision, and compliance with stringent industry standards. Hi-Tech Pipes’ solar torque tubes have become a preferred choice for large-scale solar power projects.
In addition to the strong performance in the renewable energy sector, Hi-Tech Pipes also recorded substantial growth in other key sectors, including infrastructure and construction. The company’s diverse product portfolio, ranging from general-purpose steel pipes to specialized solutions, has enabled it to cater to a wide array of industries, further strengthening market position.
Commenting on the performance, Ajay Kumar Bansal, Chairman, Hi-Tech Pipes Limited, said "We are happy with the strong sales momentum witnessed in Q3 and the first nine months of FY25. While the contribution of our solar torque tubes has been instrumental in achieving these milestones, our growth across other sectors, such as infrastructure and construction, also highlights the breadth and adaptability of our offerings.
This performance underscores our commitment to innovation, quality, and meeting the dynamic needs of the market. Hi-Tech Pipes’ continued focus on expanding product portfolio and optimizing production capacity has further reinforced our leadership position in the steel tubes and pipes sector.”