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 Q1FY24 of ₹180.00 Crores up from ₹114.00 Crore year on year, a rise of 57.89%.
Total Expenses for Q1FY24 of ₹156.00 Crores up from ₹102.00 Crores year on year, a rise of 52.94%.
Consolidated Net Profit of ₹17.00 Crores up 88.89% from ₹9.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹8.58, up 91.09% from ₹4.49 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.