Venus Pipes & Tubes Limited is a manufacturer and exporter of stainless steel pipes and tubes. The company is manufacturing stainless steel tube products in two broad categories – seamless tubes/pipes and welded tubes/pipes under which five categories of products are manufactured namely, stainless steel high precision & heat exchanger tubes, stainless steel hydraulic & instrumentation tubes, stainless steel seamless pipes, stainless steel welded pipes and stainless steel box pipes.
Financial Results:
Venus Pipes & Tubes Ltd reported Revenues for Q2FY24 of ₹191.00 Crores up from ₹126.00 Crore year on year, a rise of 51.59%.
Total Expenses for Q2FY24 of ₹165.00 Crores up from ₹113.00 Crores year on year, a rise of 46.02%.
Consolidated Net Profit of ₹20.00 Crores up 100.0% from ₹10.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹9.98, up 94.92% from ₹5.12 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.
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