Hi-Tech Pipes Q2 FY26 results: consolidated revenue up 22 percent, PAT up 12 percent
HITECH · price
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Board approved standalone and consolidated unaudited results for Q2 and H1 FY26 ended Sept 30, 2025. Consolidated revenue rose to Rs 858.77 crore (up 21.7 percent YoY) with PAT at Rs 20.26 crore (up 11.9 percent). Standalone revenue Rs 721.21 crore, PAT Rs 16.52 crore. H1 FY26 consolidated revenue Rs 1,650.13 crore, PAT Rs 41.18 crore. Auditor A.N. Garg and Company gave an unmodified review opinion.
Strong quarterly consolidated topline growth is positive, but standalone operating cashflow turned negative in H1, and margins remain thin. Mixed signals.