Prince Pipes And Fittings' Nihar Chheda Exclusive On The Firm's Weak Q3FY23 Results | CNBC-TV18

Prince Pipes and Fittings reported 48% fall in net profit to Rs 35 crore in Q3 FY23 from Rs 67 crore recorded in the same period last year.Revenue during the quarter rose by 6% YoY to Rs 706 crore on account of healthy volume growth across Plumbing, Agriculture and SWR.The company's sales volume was 43,693 MT in Q3 FY23, up by 35% from 32,435 in Q3 FY22.EBITDA declined by 38% to Rs 69 crore in Q3 FY23 as compared to Rs 111 crore in Q3 FY22. EBITDA margin in the third quarter was at 9.8%.In an exclusive conversation with CNBC-TV18, Nihar Chheda, Associate Vice President-Corporate Strategy, Prince Pipes And Fittings, speaks on the firm's Q3FY23 results. Listen in. #princepipesandfittings #Q3FY23results #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday About CNBC-TV18: