Hariom Pipe Industries Reports Strong Financial Results, Indicating Positive Growth Trends in May 2025

Hariom Pipe Industries, a small-cap player in the Steel/Sponge Iron/Pig Iron industry, has recently reported its financial results for the quarter ending March 2025. The results, declared on May 9, 2025, indicate a notable shift in the company's evaluation, with the score moving to 4 from -10 over the past three months. The financial data reveals that Hariom Pipe achieved its highest quarterly net sales in the last five quarters, reaching Rs 399.70 crore. This figure represents a growth of 24.1% compared to the average net sales of Rs 322.07 crore from the previous four quarters, suggesting a positive near-term sales trend. Additionally, the operating profit for the quarter also peaked at Rs 48.85 crore, marking the highest level in the same five-quarter timeframe, further indicating a favorable operating profit trend. Furthermore, the profit before tax, excluding other income, reached Rs 23.00 crore, again the highest in the last five quarters, reflecting a positive trend in this area as well. Overall, the financial results for Hariom Pipe Industries highlight several positive developments in key metrics, contributing to the recent adjustment in its evaluation. Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.