Captain Pipes Ltd. has approved its financial results for the quarter ending June 30, 2025. Consolidated total income grew 1% YoY to 20.97 Cr, but EBITDA fell 26% to 1.96 Cr.

Consolidated Profit After Tax (PAT) declined 6% to 1.48 Cr.

Management cited challenging market conditions, muted PVC product demand, heightened competition, and early monsoons impacting Agri sales.

A positive is the start of commercial production at the new Ahmedabad plant, which the company aims to expand for future growth.

This reflects profitability pressure despite slight revenue growth, with hopes pinned on new capacity.