2026-08-10 04:05:02 pm | Source: PR Agency
Venus Pipes Q1 FY27
Commenting on the performance, Arun Kothari, Managing Director, Venus Pipes & Tubes Ltd, said, “We have entered FY27 on a strong note, delivering our highest-ever quarterly revenue of Rs. 320.5 crores, representing a healthy growth of 16% year-on-year. This performance reflects sustained demand across our key domestic end markets, supported by our diversified presence across industries and strong customer relationships. We continue to see healthy enquiry levels and remain well positioned to capitalize on emerging opportunities across our addressable markets.
Our expansion into fittings and other value-added pipes and tubes has received an encouraging response from customers. Over the medium term, we intend to steadily increase the contribution of these higher-value products to our overall revenue mix, strengthening our product portfolio and further differentiating Venus Pipes from its peers. In parallel, our forward integration into the spooling business is progressing as planned, with the capex execution on track. Looking ahead, demand continues to remain robust across both traditional industrial sectors and emerging applications. New-age sectors such as data centers, clean energy and other segments are opening up new opportunities for stainless steel pipes and tubes, providing us with strong visibility for the years ahead.
On the export front, the geopolitical situation remains an area of watch. In addition, freight rates continue to remain a factor that we are monitoring closely. While these external factors may create near-term uncertainty, we remain focused on operational efficiency and maintaining close engagement with our customers. Overall, we remain confident in the underlying demand environment and our ability to leverage our expanding product portfolio, new growth opportunities and execution capabilities to sustain our growth momentum and create long-term value for all stakeholders.”
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