Prakash Pipes reported net sales of ~780 Cr (+17%) and an operating profit of ~118 Cr (+10%). PAT stood at ~83 Cr with an EPS of ~34.74. The Board proposed a 24% dividend.

PVC Pipes volumes dipped 3% to 42,632 MT due to weak demand and destocking but expect growth from government capex and rural demand.

Flexible Packaging volumes declined 28% to 15,458 MT amid FMCG slowdown and inflation; management is pivoting towards exports to stabilize margins and volumes.