BSE Smallcap Stock Jumps Almost 6% After Q4 Net Profit Rises by 59%

Shares of Hi-Tech Pipes, a leading steel pipe manufacturer, rallied nearly 6% on Tuesday, May 27, 2025, following the company’s robust Q4 earnings report. Despite weakness in benchmark indices Sens ex and Nifty, Hi-Tech Pipes stock opened strong at ₹95.89 on the BSE, up from the previous close of ₹94.71. It climbed further to touch an intraday high of ₹100.30, marking a 5.90% gain. On the NSE, the stock opened at ₹95.70 and hit a high of ₹100.40 before settling around ₹98.42, reflecting a 3.95% increase.

Hi-Tech Pipes posted an impressive 59% jump in consolidated net profit for the March quarter (Q4 FY25), reporting ₹18 crore in profit compared to ₹11.12 crore in the same period of FY24. The company attributed this significant growth to higher income and rising demand.

The total income rose to ₹733.75 crore in Q4 FY25 from ₹680.75 crore a year earlier. The company also reported an 8% increase in sales volume, reaching 1,16,032 metric tonnes (MT) from 1,07,721 MT in the corresponding quarter of FY24.

Hi-Tech Pipes Reports 66% Profit Surge in FY25, Strengthening Its Position on BSE

For the full financial year FY25, net profit surged 66% to ₹72.95 crore compared to ₹43.93 crore in FY24. Revenue for the year climbed 14% to ₹3,068 crore, driven by record sales volumes and continued demand momentum.

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Commenting on the results, Kumar Bansal, Chairman and Managing Director of Hi-Tech Pipes, said, “FY25 marks a defining year for Hi-Tech Pipes, with 14% revenue growth and a 66% surge in profitability, driven by operational excellence and strategic capacity expansion.”

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Hi-Tech Pipes currently operates six integrated manufacturing facilities across Uttar Pradesh, Gujarat, Andhra Pradesh, and Maharashtra, with a combined installed capacity of 7,50,000 MT per annum. The company continues to strengthen its market position through capacity enhancement and strong demand for its steel pipes.