Prakash Pipes Limited has informed the Exchange regarding a press release dated August 14, 2025, titled "Press Release".
PPL · price
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Awaiting price reaction for this filing.
Prakash Pipes reported Q1 FY26 (ended 30th June 2025) net sales of around Rs 203 crore, EBITDA of about Rs 18 crore and net profit of approximately Rs 10 crore. The PVC Pipes & Fittings division saw sales volume rise to 14,115 MT from 12,704 MT in the year-ago quarter, but subdued PVC prices hurt profitability in the segment. The Flexible Packaging division posted a near-flat volume at 3,751 MT versus 3,705 MT, with the company highlighting diversification, customised solutions and an export push. Management noted that a good monsoon and the government's infrastructure focus are expected to support demand from housing, irrigation and infrastructure in coming quarters.
Mixed quarter for shareholders – volume growth in the core PVC pipes business is encouraging, but weak PVC prices squeezed margins and limited earnings growth. Near-term outlook depends on a strong monsoon and government infrastructure spending, which could lift both volumes and pricing power.