Hi-Tech Pipes Ltd achieved its highest-ever quarterly sales volume, reaching 124,233 tonnes in Q3 FY25, a 26.1% increase compared to the same period last year, the company announced on January 2, 2025. The total sales volume for the first nine months of FY25 reached 369,415 tonnes, marking a 30.33% year-over-year growth.
This surge was primarily driven by strong demand for the company’s solar torque tubes, which are gaining popularity in India’s rapidly growing solar energy sector. The company also saw significant gains in its infrastructure and construction segments. Hi-Tech Pipes operates six manufacturing plants across India, in Sikandrabad (Uttar Pradesh), Sanand (Gujarat), Hindupur (Andhra Pradesh), and Khopoli (Maharashtra), with a combined installed capacity of 750,000 MTPA. The company is targeting a capacity of 1 million tonnes by the end of FY25.
Chairman Ajay Kumar Bansal expressed confidence in the company’s performance, particularly the strong growth in solar torque tubes and other key sectors. The company also boasts a distribution network of over 450 dealers across more than 20 states, offering a range of products including steel pipes, hollow sections, cold rolled coils, road crash barriers, and solar mounting structures.
Hi-Tech Pipes is a prominent manufacturer of steel pipes and tubes in India, known for its commitment to quality and innovation. Established in 1985, the company has become a key player in the steel industry, producing a wide range of products, including galvanized pipes, structural pipes, and welded pipes.
Hi-Tech Pipes caters to various industries, including construction, infrastructure, agriculture, and automotive, offering high-performance products designed to meet international standards. With a strong manufacturing base and a focus on sustainability, the company has expanded its presence across India and globally, positioning itself as a trusted provider of steel solutions. Through continuous investment in technology and R&D, Hi-Tech Pipes remains dedicated to delivering durable and cost-effective solutions to meet the diverse needs of its customers.
