The Board of Directors of Hi-Tech Pipes Limited met on May 28, 2026, to approve the standalone and consolidated audited financial results for the quarter and year ended March 31, 2026. The company reported a consolidated net revenue from operations of ₹148,035.89 Lakhs for the quarter ended March 31, 2026, compared to ₹73,374.40 Lakhs in the corresponding quarter of the previous year and ₹106,958.82 Lakhs in the previous quarter. The consolidated net profit for the quarter was ₹1,759.87 Lakhs, compared to ₹1,763.37 Lakhs in the corresponding quarter last year and ₹1,738.70 Lakhs in the previous quarter.

Hi-Tech Pipes Limited is a prominent manufacturer specializing in steel pipes, hollow sections, GPGC sheets, color-coated coils, and CR coils and strips. The company maintains a diversified presence through its wholly-owned subsidiaries, including HTL Metal Private Limited, HTL Ispat Private Limited, Hitech Metalex Private Limited, Hitech Global Steels Private Limited, and Sain Software Systems Private Limited, the latter of which was acquired on March 31, 2026. During the board meeting, the company also announced the proposed issuance of 9,000,000 fully convertible equity warrants to members of the promoter group, subject to shareholder approval, and appointed new cost and internal auditors for the financial year 2026-27.