Hariom Pipe Industries Limited reported second-quarter revenue of 554 crore, up 65% year-on-year, as Perundurai operations resumed July 13; profit after tax rose to 29 crore from 10 crores, and management targets 10 to 15% growth in H2.

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For the second quarter, revenue from operations increased by 65% year-on-year to 554 crore, EBITDA increased by 58% to 68 crore, while profit after tax rose to 29 crore from 10 crores in this corresponding quarter last year. Perundurai resumed operations on July 13, following the temporary closure during the first quarter. For this second half, we can expect minimum 10 to 15% from here. Open the document at this passage

May 23

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