Prince Pipes & Fittings
258.85
-9.80(-3.65%)
Market Cap₹- Cr
PE Ratio-
Company Performance:
1D-3.65%
1M-20.06%
6M-21.17%
1Y-41.05%
5Y-2.43%
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More news about Prince Pipes & Fittings
06Aug 25
Prince Pipes Reports 80% Drop in Q1 Profit, Sets AGM Date for September 11
Prince Pipes & Fittings experienced a significant decline in financial performance for Q1 ended June 30. Revenue from operations decreased by 4% to ₹5,804.16 crore, while net profit plummeted by 80.5% to ₹48.21 crore compared to the same quarter last year. Earnings per share fell from ₹2.23 to ₹0.44. The company reported a writeback of ₹44.60 crore in employee costs due to excess staff incentive provisions. The Board of Directors approved the financial results and announced the 38th Annual General Meeting to be held on September 11 via video conferencing.
28May 25
Prince Pipes Boosts Production Capacity with New Bihar Plant
Prince Pipes and Fittings Limited has commissioned Phase 1 of its new plant in Bihar, adding 24,000 metric tons to its production capacity, bringing the total to 397,500 metric tons. The company projects double-digit volume growth for the current financial year. Prince Pipes' CPVC product range has received GreenPro certification, highlighting its commitment to sustainability. The company aims to maintain a 12.00% EBITDA margin in the long term.
21May 25
Prince Pipes and Fittings Reports Decline in Q4 Profitability
Prince Pipes and Fittings' Q4 results show a slight 2.70% revenue decrease to ₹7.20 billion. However, profitability metrics declined significantly: EBITDA fell 40.60% to ₹548.40 crore, EBITDA margin dropped 4.85 percentage points to 7.62%, and net profit decreased 55.80% to ₹241.80 crore. The company also reported a sequential loss of ₹204.20 crore compared to the previous quarter, indicating challenges in maintaining profitability despite stable demand.
Prince Pipes & Fittings
258.85
-9.80
(-3.65%)
1 Year Returns:-41.05%
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