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Venus Pipes & Tubes announced that the Board of Directors of the Company at its meeting held on 26 May 2026, inter alia, have recommended the final dividend of Rs 0.5 per equity Share (i.e. 5%) , subject to the approval of the shareholders.

Net profit of Venus Pipes & Tubes rose 7.55% to Rs 25.50 crore in the quarter ended March 2026 as against Rs 23.71 crore during the previous quarter ended March 2025. Sales rose 17.07% to Rs 302.20 crore in the quarter ended March 2026 as against Rs 258.14 crore during the previous quarter ended March 2025.For the full year,net profit rose 9.76% to Rs 101.96 crore in the year ended March 2026 as against Rs 92.89 crore during the previous year ended March 2025. Sales rose 21.73% to Rs 1166.85 crore in the year ended March 2026 as against Rs 958.53 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales302.20258.14 17 1166.85958.53 22 OPM %16.3516.12 -16.3317.49 - PBDT41.0737.21 10 161.37143.90 12 PBT34.7832.42 7 137.79125.37 10 NP25.5023.71 8 101.9692.89 10 Powered by Capital Market - Live News

Venus Pipes & Tubes has commenced commercial operations of its fittings facility along with the commissioning of additional seamless pipes / tubes capacity today. The Company has successfully commissioned seamless pipes/tubes expansion project with an additional capacity of 4,200 MTPA under the current phase. With this, the total seamless pipes/tubes capacity added under the overall expansion program now stands at 6,000 MTPA (higher than 4,800 MTPA initially planned), including the 1,800 MTPA capacity commissioned in November 2025. Alongside this, the Company has also commissioned equivalent capacity of Mother Hollow Pipes as part of its backward integration for seamless pipes. The additional capacity expansion was undertaken considering the demand outlook. Further, the company has also commenced operations at its fitting`s facility, marking a significant milestone in its strategy of forward integration and expansion into value-added product categories.

Venus Pipes & Tubes will hold a meeting of the Board of Directors of the Company on 26 May 2026.

Net profit of Venus Pipes & Tubes rose 42.52% to Rs 25.61 crore in the quarter ended December 2025 as against Rs 17.97 crore during the previous quarter ended December 2024. Sales rose 28.27% to Rs 296.70 crore in the quarter ended December 2025 as against Rs 231.30 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales296.70231.30 28 OPM %16.4716.04 - PBDT41.0028.96 42 PBT34.8924.20 44 NP25.6117.97 43 Powered by Capital Market - Live News