Prakash Pipes

** Shares of Prakash Pipes PRAS.NS fall 6.7% to 323.50 rupees

** PVC pipe maker's Q1 net profit drops 59.4% Y/Y to 103.1 mln rupees ($1.2 mln)

** PVC prices remained subdued, which affected profitability during the quarter, PRAS said

** Q1 revenue down 0.7% Y/Y to 2.03 bln rupees

** Trading vols at 226,886 shares so far, over 4x the 30-day average

** PRAS down ~36% YTD

($1 = 87.5800 Indian rupees)

(Reporting by Vijay Malkar)

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Feb 10 (Reuters) - Prakash Pipes Ltd PRAS.NS:

• PRAKASH PIPES DEC-QUARTER NET PROFIT 231.1 MILLION RUPEES

• PRAKASH PIPES DEC-QUARTER TOTAL REVENUE FROM OPERATIONS 1.93 BILLION RUPEES

Source text: ID:nBSE469mfv

Further company coverage: PRAS.NS

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Nov 14 (Reuters) - Prakash Pipes Ltd PRAS.NS:

• SEPT-QUARTER NET PROFIT 243 MILLION RUPEES

• SEPT-QUARTER TOTAL REVENUE FROM OPERATIONS 2 BILLION RUPEES

Source text: ID:nBSEbQP1NJ

Further company coverage: PRAS.NS

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** Shares of Prakash Pipes PRAS.NS rise 13.7% to a record 555.45 rupees

** Stock set for best day since Oct. 16, 2023

** PVC pipe-maker's Q1 profit rose 37.5% YoY

** Rival Astral ASTL.NS also reported quarterly profit climb

** PRAS up ~40% YTD vs ~2% drop in ASTL

(Reporting by Varun Vyas in Bengaluru)

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Feb 13 (Reuters) - Prakash Pipes Ltd PRAS.NS:

• PRAKASH PIPES LTD DEC-QUARTER NET PROFIT 231.4 MILLION RUPEES VERSUS 134.3 MILLION RUPEES

• PRAKASH PIPES LTD DEC-QUARTER INCOME FROM OPERATIONS 1.58 BILLION RUPEES VERSUS 1.72 BILLION RUPEES

Source text for Eikon: ID:nBSEbf821r

Further company coverage: PRAS.NS

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** Shares of Prakash Pipes PRAS.NS rise as much as 4.52% to 412 rupees apiece

** High net worth investor Mukul Agarwal bought stake in pipe manufacturer in December quarter

** Data from National Stock Exchange shows Agarwal as a public shareholder in PRAS with 600,000 shares, equivalent to 2.51% stake

** Mukul Agarwal held stocks in 55 companies with a net worth of about 50 billion rupees, as of Dec. 31, 2023

** Trading volume is 182,733 shares as of 11:20 a.m. IST, 1.1x the 30-day avg - LSEG data

(Reporting by Bharath Rajeswaran in Bengaluru)

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Nov 9 (Reuters) - Prakash Pipes Ltd PRAS.NS:

• SEPT-QUARTER NET PROFIT 226.7 MILLION RUPEES VERSUS 131.3 MILLION RUPEES YEAR AGO

• SEPT-QUARTER TOTAL REVENUE FROM OPERATIONS 1.71 BILLION RUPEES VERSUS 1.89 BILLION RUPEES YEAR AGO

Source text for Eikon: [ID:]

Further company coverage: PRAS.NS

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Aug 8 (Reuters) - Prakash Pipes Ltd PRAS.NS:

• INDIA'S PRAKASH PIPES JUNE-QUARTER NET PROFIT 184.7 MILLION RUPEES VERSUS PROFIT 249.7 MILLION RUPEES

• PRAKASH PIPES JUNE-QUARTER INCOME FROM OPERATIONS 1.76 BILLION RUPEES VERSUS 1.92 BILLION RUPEES

Source text for Eikon: ID:nBSE85Sms3

Further company coverage: PRAS.NS

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May 23 (Reuters) - Prakash Pipes Ltd PRAS.NS:

• DIVIDEND 1.20 RUPEES PER SHARE

• MARCH-QUARTER NET PROFIT 197.6 MILLION RUPEES VERSUS PROFIT 131.9 MILLION RUPEES

• MARCH-QUARTER TOTAL REVENUE FROM OPERATIONS 1.56 BILLION RUPEES VERSUS 1.75 BILLION RUPEES

Source text for Eikon: ID:nNSE2l28Fl

Further company coverage: PRAS.NS

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