Hi-Tech Pipes Ltd., a leading steel tubes and pipes manufacturer in India, has achieved its highest-ever sales volume in Q1FY25.
The company reported a significant 45pct increase, reaching a total sales volume of 122,155 tons compared to 84,489 tons in the same period last year, and a 13pct increase quarter-on-quarter from 107,721 tons in Q4FY24.
The company attributes this success to strategic initiatives such as expanding product lines, enhancing marketing efforts, and optimizing processes.
Hi-Tech Pipes offers a range of products including steel pipes/tubes, hollow sections, cold rolled coils & strips, road crash barriers, solar mounting structures, galvanized sheets, and color coated coils. It operates six integrated manufacturing facilities across Sikandrabad (UP), Sanand (Gujarat), Hindupur (AP), near Bangalore, and Khopoli (Maharashtra), with a consolidated installed capacity of 750,000 tons per annum. The company aims to achieve a capacity of 1 mln tons in FY25.
