Categories Earnings, Industrials

Venus Pipes & Tubes Ltd Q4FY23 results out, revenue grows by 60%

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.

  • Venus Pipes & Tubes Ltd reported Total revenue for Q4 FY23 of ₹176 Crore, up from ₹110 Crore year on year depicting a growth of 60%.
  • Total Expenses for Q4 FY23 of ₹158 Crore up, from ₹100 Crore year on year, a growth of 58%. 
  • Consolidated Net Profit of ₹13.4 Crore, up 66% from ₹8.07 Crore in the same quarter of the previous year. 
  • The Earnings per Share is ₹6.87, up 19% from ₹5.75 in the same quarter of the previous year.

Most Popular

Cochin Shipyard Ltd (COCHINSHIP) Q4 FY22 Earnings Concall Transcript

Cochin Shipyard Limited (NSE:COCHINSHIP) Q4 FY22 Earnings Concall dated May. 26, 2022 Corporate Participants: Madhu S Nair -- Chairman & Managing Director Jose V J -- Director Finance Analysts: Vastupal Shah

All you need to know about Antony Waste Handling Cell in one article

Can you guess the name of the company that was listed during the IPO frenzy in 2020 and is the second largest player in the Indian municipal waste management industry?

Demystifying the Leading Non-Ferrous Recycling Company of India

“Hey, how is the market doing today?” “Oh!, its falling tremendously since morning” I am sure news like these might be a common topic of discussion for you nowadays. Interestingly,

Top