Indian Hume Pipe Company has received a Work Order of Rs.256.19 crores from Tamil Nadu Water Supply & Drainage Board, Coimbatore for providing Combined Water Supply Scheme to Alampalayam Town Panchayat, Padaveedu Town Panchayat including 669 Rural Habitations in Pallipalayam and Tiruchengode Unions in Namakkal District and Sankari Town Panchayat in Salem District with River Cauvery as Source. The project is to be completed within 24 months including trial run and maintenance period of 5 years.

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Net profit of Indian Hume Pipe Company declined 14.45% to Rs 16.99 crore in the quarter ended June 2018 as against Rs 19.86 crore during the previous quarter ended June 2017. Sales declined 38.86% to Rs 332.93 crore in the quarter ended June 2018 as against Rs 544.51 crore during the previous quarter ended June 2017.

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Indian Hume Pipe Company will hold a meeting of the Board of Directors of the Company on 8 August 2018.

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Net profit of Indian Hume Pipe Company declined 33.14% to Rs 23.20 crore in the quarter ended March 2018 as against Rs 34.70 crore during the previous quarter ended March 2017. Sales declined 10.95% to Rs 411.19 crore in the quarter ended March 2018 as against Rs 461.74 crore during the previous quarter ended March 2017.

For the full year,net profit declined 33.73% to Rs 66.06 crore in the year ended March 2018 as against Rs 99.68 crore during the previous year ended March 2017. Sales declined 10.46% to Rs 1525.97 crore in the year ended March 2018 as against Rs 1704.31 crore during the previous year ended March 2017.

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