Prince Pipes And Fittings Limited has reported standalone financial results for the period ended March 31, 2025.

Prince Pipes and Fittings has posted net profit of Rs. 24.17 crores for the period ended March 31, 2025 as against net loss of Rs. 20.424 crores for the period ended December 31, 2024. The company posted net profit of Rs. 54.64 crores for the period ended March 31, 2024.

Prince Pipes and Fittings has reported total income of Rs. 725.37 crores during the period ended March 31, 2025 as compared to Rs. 579.24 crores during the period ended December 31, 2024. The company reported total income of Rs. 745.45 crores during the period ended March 31, 2024.

For the Financial Year ended March 31, 2025, Prince Pipes and Fittings has reported total income of Rs. 2,537.66 crores as compared to Rs. 2,584.841 crores during the Financial Year ended March 31, 2024.

The company has posted net profit of Rs.43.13 crores for the Financial Year ended March 31, 2025 as against net profit of Rs.182.49 crores for the Financial Year ended March 31, 2024.

Commenting on the results, Parag Chheda, Joint Managing Director of Prince Pipes and Fittings Ltd., said: “The PVC pipes industry faced a challenging macroeconomic environment during the year, with muted demand in key end-user segments. Persistent headwinds, including rising input costs, project delays, subdued government spending, and volatility in PVC resin prices, impacted margins across the sector.

Despite these challenges, we remained focused on strengthening our operational capabilities and executing long-term strategic priorities. A key highlight was the successful commissioning of Phase 1 operations at our new facility in Bihar, adding 24,000 MTPA to our capacity and taking our total installed capacity to 397,559 MT. The remaining capacity is on track for commissioning in the next 6 months.

We achieved notable growth in our Bathware segment by expanding our retail presence through the launch of new display centers in north and central regions of India. Notably, our CPVC range received GreenPro Certification from CII, reinforcing our commitment to sustainability. With innovations such as our new Bio Fit septic tanks and continued investments in capacity and infrastructure, we are well-positioned for longterm growth. We remain cautiously optimistic about demand recovery, supported by improving trends in infrastructure and construction.”