Venus Pipes & Tubes Q4 Results: Profit at Rs 23.7 cr, revenue rises 15% to Rs 258 cr
Stainless steel pipes and tubes manufacturer and exporter Venus Pipes & Tubes Ltd reported a profit after tax of Rs 23.7 crore for the March
quarter
against Rs 25 crore in the year-ago period, according to a statement.
Revenue
of the company surged by 15 per cent to Rs 258.1 crore in the last quarter of FY25 compared to Rs 224.1 crore in the year-ago period, Venus Pipes & Tubes Ltd said in a statement on Tuesday.
For the full fiscal, profit after tax stood at Rs 93 crore in FY25 against Rs 86 crore in FY24, a growth of 8.1 per cent with margins at 10 per cent, it said.
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Total revenue in FY25 rose by 19 per cent to Rs 958.5 crore compared to Rs 802.2 crore in the year-ago period, driven by
product
expansion. The company made a foray into value-added products with applications across critical industries last fiscal.
As a part of this, it recently commenced operations of 3,600 MTPA capacity of value-added welded tubes while addition of fittings capacity and value-added seamless tubes will be operational in the coming months, the statement said.
"This year marked a significant phase of capacity ramp-up and the introduction of new value-added product lines," Arun Kothari, Managing Director, Venus Pipes & Tubes Ltd, said.
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"We enter FY26 with a strong
order book
, including a significant new contract from one of India's leading integrated power plant equipment manufacturers," Kothari added.
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