Prakash Pipes Reports Quarterly And Nine Month Results
ECONOMY & POLICY

Prakash Pipes Reports Quarterly And Nine Month Results

Prakash Pipes Limited reported financial results for the quarter ended 31 December 2025 and for the nine months ended 31 December 2025. The company achieved net sales of Rs 1,810 million (mn) and EBITDA of Rs 180 mn in the quarter, and a net profit of Rs 100 mn after providing for depreciation, interest and tax. For the nine months, the company posted net sales of Rs 5,660 mn, EBITDA of Rs 520 mn and a net profit of Rs 300 mn, resulting in Earning Per Share (EPS) of Rs 12.45. The abbreviation mn is used for million and Earning Per Share is abbreviated as EPS.

The PVC Pipes and Fittings Division recorded sales volume of 11,068 tonne (t) in the quarter compared with 10,547 t in the corresponding quarter of the last financial year. The company reported that PVC pipe business growth is returning to normal as the continuous downward trend in PVC resin prices has been arrested. Management indicated that a good monsoon and favourable economic conditions supporting housing, agriculture and infrastructure are expected to support stronger demand in the ensuing quarters.

The Flexible Packaging Division reported sales volume of 4,329 t for the quarter against 4,015 t in the corresponding quarter of the last financial year. The division is driving growth by increasing its product range, expanding capacities and offering customised solutions to customers. These strategic steps are expected to support volume growth and improved market penetration.

The company cautioned that the release contains forward-looking statements and that actual results may differ materially owing to risks, uncertainties and other factors. Recipients were cautioned not to place undue reliance on forward-looking statements and the company will continue to monitor market conditions. The results reflect operational recovery in key divisions and the company expects to pursue opportunities arising from improving market dynamics.

Prakash Pipes Limited reported financial results for the quarter ended 31 December 2025 and for the nine months ended 31 December 2025. The company achieved net sales of Rs 1,810 million (mn) and EBITDA of Rs 180 mn in the quarter, and a net profit of Rs 100 mn after providing for depreciation, interest and tax. For the nine months, the company posted net sales of Rs 5,660 mn, EBITDA of Rs 520 mn and a net profit of Rs 300 mn, resulting in Earning Per Share (EPS) of Rs 12.45. The abbreviation mn is used for million and Earning Per Share is abbreviated as EPS. The PVC Pipes and Fittings Division recorded sales volume of 11,068 tonne (t) in the quarter compared with 10,547 t in the corresponding quarter of the last financial year. The company reported that PVC pipe business growth is returning to normal as the continuous downward trend in PVC resin prices has been arrested. Management indicated that a good monsoon and favourable economic conditions supporting housing, agriculture and infrastructure are expected to support stronger demand in the ensuing quarters. The Flexible Packaging Division reported sales volume of 4,329 t for the quarter against 4,015 t in the corresponding quarter of the last financial year. The division is driving growth by increasing its product range, expanding capacities and offering customised solutions to customers. These strategic steps are expected to support volume growth and improved market penetration. The company cautioned that the release contains forward-looking statements and that actual results may differ materially owing to risks, uncertainties and other factors. Recipients were cautioned not to place undue reliance on forward-looking statements and the company will continue to monitor market conditions. The results reflect operational recovery in key divisions and the company expects to pursue opportunities arising from improving market dynamics.

Next Story
Technology

AI-Enabled Workflows Lift Profitability and Productivity

Organisations modernising frontline workflows with artificial intelligence, automation and real-time data are reporting stronger financial performance, higher productivity and improved employee engagement, according to a global study by Zebra Technologies and Oxford Economics.The research covered 1,000 senior leaders across retail, manufacturing, transportation and logistics in the US, Mexico, the UK, Germany, India, Japan, Australia and New Zealand.In transportation and logistics, 54 per cent of companies that improved picking and packing operations reported faster operational performance, wh..

Next Story
Real Estate

India Leads Global AI Readiness but Implementation Lags

Indian companies lead global averages across all eight artificial intelligence readiness indicators tracked by JLL, but only 19 per cent have started making changes to their workplaces, according to the JLL 2026 Future of Work Survey.The study found that 77 per cent of Indian business leaders expect AI to change their office requirements, creating a 58-percentage-point gap between awareness and implementation. The survey covered more than 2,200 CEOs, CFOs and real estate leaders across 21 countries during the first quarter of 2026.Despite concerns over automation, 58 per cent of Indian leaders..

Next Story
Equipment

Three WOLFF Cranes Build Riyadh Cable-Stayed Bridges

Three WOLFF 180 B luffing jib cranes are supporting the construction of two cable-stayed bridges alongside the existing Wadi Laban Bridge in Riyadh, Saudi Arabia. The project is being developed for the Royal Commission for Riyadh City and executed by the ICRC joint venture comprising IC Ictas and Al Rashid Trading & Contracting Company.The cranes are handling lifting operations including formwork, reinforcement, concrete placement, work platforms, surveying equipment and other construction materials. Each crane is fitted with a 40 m jib, reaches a hook height of 157 m and offers a maximum ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement