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 and the nine months ended 31 December 2025. For the quarter the company recorded net sales of Rs 1,810 million (Rs 1,810 mn), EBITDA of Rs 180 mn and a net profit of Rs 100 mn after providing for depreciation, interest and tax. For the nine months the company reported net sales of Rs 5,660 mn, EBITDA of Rs 520 mn and a net profit of Rs 300 mn, resulting in earnings per share of Rs 12.45. The results reflect stabilisation in raw material trends and operating improvements across divisions.

In the PVC Pipes and Fittings division sales volume rose to 11,068 tonnes (11,068 t) in the quarter from 10,547 t in the corresponding quarter of the previous financial year. The company noted that the continuous downward trend in PVC resin prices has been arrested and that business growth is returning to normalcy. Management attributed the outlook to a good monsoon and favourable economic conditions across housing, agriculture and infrastructure which are expected to support demand. The division is positioned to benefit from the anticipated improved market conditions in the ensuing quarters.

The Flexible Packaging division registered a sales volume of 4,329 t in the quarter compared with 4,015 t in the year ago quarter. The division is pursuing growth by broadening its product range, expanding capacities and offering customised solutions to customers. These measures are intended to support margin improvement and enhance market share in targeted segments. The company indicated continued focus on operational efficiencies and customer service.

All figures are stated after required allocations for depreciation, interest and tax and follow applicable reporting norms. The release contains forward looking statements and notes that actual results may differ due to risks, uncertainties and other factors, and readers are cautioned against placing undue reliance on projections. The company continues to monitor market developments and intends to pursue growth while maintaining financial discipline. Further disclosures will be made as required under listing regulations.

Prakash Pipes Limited reported financial results for the quarter and the nine months ended 31 December 2025. For the quarter the company recorded net sales of Rs 1,810 million (Rs 1,810 mn), EBITDA of Rs 180 mn and a net profit of Rs 100 mn after providing for depreciation, interest and tax. For the nine months the company reported net sales of Rs 5,660 mn, EBITDA of Rs 520 mn and a net profit of Rs 300 mn, resulting in earnings per share of Rs 12.45. The results reflect stabilisation in raw material trends and operating improvements across divisions. In the PVC Pipes and Fittings division sales volume rose to 11,068 tonnes (11,068 t) in the quarter from 10,547 t in the corresponding quarter of the previous financial year. The company noted that the continuous downward trend in PVC resin prices has been arrested and that business growth is returning to normalcy. Management attributed the outlook to a good monsoon and favourable economic conditions across housing, agriculture and infrastructure which are expected to support demand. The division is positioned to benefit from the anticipated improved market conditions in the ensuing quarters. The Flexible Packaging division registered a sales volume of 4,329 t in the quarter compared with 4,015 t in the year ago quarter. The division is pursuing growth by broadening its product range, expanding capacities and offering customised solutions to customers. These measures are intended to support margin improvement and enhance market share in targeted segments. The company indicated continued focus on operational efficiencies and customer service. All figures are stated after required allocations for depreciation, interest and tax and follow applicable reporting norms. The release contains forward looking statements and notes that actual results may differ due to risks, uncertainties and other factors, and readers are cautioned against placing undue reliance on projections. The company continues to monitor market developments and intends to pursue growth while maintaining financial discipline. Further disclosures will be made as required under listing regulations.

Next Story
Real Estate

Vestian reports 36% drop in construction activity in Q1

Vestian reported a 36 per cent quarter-on-quarter decline in new office completions to 9.7 million sq ft in Q1 2026, marking the lowest level in the past four quarters amid the West Asia crisis.The slowdown was led by cities such as Bengaluru, Hyderabad and Mumbai, where developers adopted a cautious approach. Hyderabad saw the steepest drop, with completions falling 95 per cent to 0.3 million sq ft from 6.0 million sq ft in the previous quarter.Despite constrained supply, office absorption rose 20 per cent year-on-year to 21.53 million sq ft, driven by sustained demand from global capability ..

Next Story
Real Estate

fäm Properties reports 95% sales in Dubai 2026 supply

Data from DXBinteract shows that 41,015 of 43,217 units due this year have already been sold. Across the 2026–2029 pipeline, 71.45 per cent of 426,182 units have been committed, indicating sustained absorption levels.The analysis highlights strong demand across leading developers, with several reporting near or full sell-outs. Emaar and Meraas have sold over 99 per cent of their 2026 inventory, while Dubai Holding and Meydan projects are fully sold.Commenting on the trend, Firas Al Msaddi, CEO, fam Properties, said, “Dubai continues to demonstrate a level of forward demand that is structur..

Next Story
Equipment

EKKI Pumps launches Hori-Max sump pump range

EKKI Pumps has launched its Hori-Max range of horizontal multistage sump submersible pumps at Plumbex 2026 in Bengaluru.The new range, comprising Hori-Max S, Hori-Max SVR and Hori-Max M series, is designed for water transfer and boosting applications across residential, commercial, infrastructure and agricultural segments.The pumps feature a multistage horizontal design with high-efficiency components, including FG 250 cast iron diffusers and stainless steel impellers, enabling consistent pressure and improved hydraulic performance. A key capability is operation in shallow water conditions, wi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement