India: Hi-Tech steel pipes’ revenue grows y-o-y in FY’24

Hi-Tech Steel Pipes Ltd. reported a consolidated revenue of INR 2,699 crore in FY’24, an increase of 13.14% y-o-y from INR 2,385 crore in FY’23. The company’s EBITDA was INR 115 crore in FY’24, up 11.29% y-o-y from INR 103 crore in FY’23. Moreover, sales volume also increased by 10.48% y-o-y to 3,91,147 Metric Tonnes (MT) in FY’24 against 3,54,032 MT in the previous financial year.