Hariom Pipe Industries Reports Quarterly Results; Notes Confirm Perundurai Unit Operations Restart and Cost Auditor Appointment
Hariom Pipe Industries Limited announced its unaudited financial results for the quarter ended June 30, 2026, alongside key operational updates, including the restart of its Perundurai unit operations. The company also approved the appointment of a new Cost Auditor and provided details regarding a preferential warrant issue.The Board of Directors considered and approved the unaudited financial results for both the standalone entity and the consolidated Group during the meeting held on August 12, 2026.
Operational Highlights and Management Decisions
Regarding operational status, the company confirmed that the operations at its Perundurai unit had been temporarily suspended as per directions from the Tamil Nadu Pollution Control Board (TNPCB) on April 2, 2026. Subsequent to the quarter-end, the TNPCB suspended the closure direction issued earlier and enabled the company to recommence operations from July 13, 2026.The Board Meeting also approved the appointment of M/s. Seshadri & Associates, Cost Accountants, as the Cost Auditors for the Financial Year 2026-27.
In a separate corporate action during the quarter, the company’s Board and shareholders approved a preferential issue of up to 15,00,000 convertible warrants to members of the Promoter and Promoter Group. Each warrant is convertible into one fully paid-up equity share of face value ₹10 at an issue price of ₹343.03 per warrant, aggregating to Rs. 5,145.45 lakhs. The Holding Company subsequently allotted 15,00,000 such warrants on July 27, 2026, upon receipt of ₹1,286.36 lakhs, representing 25% of the issue price.
Quarterly Financial Performance (Standalone)
Hariom Pipe Industries Limited reported the following key figures for the quarter ended June 30, 2026, with amounts stated in ₹ Lakhs:| Particulars | Qtr Ended Jun 30, 2026 (Unaudited) | Qtr Ended Mar 31, 2026 (Audited) | Qtr Ended Jun 30, 2025 (Unaudited) |
|---|---|---|---|
| Total Income | 43,122.81 | 51,668.00 | 46,234.88 |
| Revenue from operations | 42,918.30 | 50,726.85 | 46,096.41 |
| Other income | 204.51 | 941.15 | 138.46 |
| Total Expenses | 40,805.59 | 47,490.18 | 43,013.87 |
| Cost of materials consumed | 25,336.15 | 39,156.46 | 37,885.50 |
| Total expenses excluding cost of materials | 15,469.44* | 8,333.72* | 12,627.37* |
| Net Profit | 1,736.36 | 3,018.34 | 2,361.40 |
Note: Calculations based on reported expense categories as per the source document.
For the quarter ended June 30, 2026, the company registered a Net Profit of ₹1,736.36 lakhs. The Earnings Per Share (EPS) Basic stood at ₹5.61 and Diluted EPS also stood at ₹5.61.
Quarterly Financial Performance (Consolidated)
For the Group as a whole for the quarter ended June 30, 2026:| Particulars | Qtr Ended Jun 30, 2026 (Unaudited) | Qtr Ended Mar 31, 2026 (Audited) | Qtr Ended Jun 30, 2025 (Unaudited) |
|---|---|---|---|
| Total Income | 43,054.38 | 51,664.56 | 46,234.88 |
| Revenue from operations | 42,918.30 | 50,726.85 | 46,096.41 |
| Other income | 136.08 | 937.70 | 138.46 |
| Total Expenses | 40,813.75 | 47,495.09 | 43,015.02 |
| Net Profit for the Period/Year | 1,659.78 | 3,009.99 | 2,360.25 |
The Consolidated Total Comprehensive Income stood at ₹1,660.52 lakhs. For the quarter, the Earnings Per Share (EPS) Basic was ₹5.36 and Diluted EPS was also reported as ₹5.36.
HARIOMPIPE Stock Price Movement
Hariom Pipe Industries Limited edged higher on Wednesday, posting a 0.6% gain to settle at ₹392.7 per share. The stock traded during the session, with a total volume of 112,617 shares recorded.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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