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2025-08-12 03:44:52 pm | Source: PR Agency
Venus Pipes & Tubes Limited reports steady performance for Q1FY26 despite global uncertainties
Venus Pipes & Tubes Limited reports steady performance for Q1FY26 despite global uncertainties
Venus Pipes & Tubes Ltd, one of the leading stainless-steel pipes and tubes manufacturers and exporters in India announced its un-audited financial results for the first quarter ending June 30th 2025.
 
 
Key Operational Highlights:
 
* Revenue from Seamless Pipes/Tubes witnessed a growth of 13% and Welded Pipes/Tubes witnessed growth of 10% for Q1FY26 on year-on-year basis
* Exports revenue stood at INR 103.1 Cr, growing by 69% during the quarter compared to same period last year, forming 37.3% of revenue
* Order flow continues to be strong with high enquiries from Power sector
* Our capacity expansion for fittings project and seamless pipes along with piercing line remains on track to commence operations from H2 FY26
 
Commenting on the financial performance, Arun Kothari, Managing Director, Venus Pipes & Tubes Ltd, said,

“We are pleased to report a robust performance for the quarter, achieving an all-time high quarterly revenue of INR 276.4 Cr, reflecting a growth of 15.1%. EBITDA stood at INR 44.9 Cr, translating to healthy margins of 16.2%. This achievement comes despite the prevailing global uncertainties surrounding trade tariffs and supply chain challenges. Notably, our export business remained resilient, contributing 37.3% of total revenues, underscoring the strength of our presence in international markets and the trust in our product quality.

We remain optimistic about our growth trajectory, supported by our diversified market reach, strong customer relationships, and proven execution capabilities. At the same time, we remain vigilant of the evolving global economic environment and will continue to adapt our strategies accordingly.

Our continued approvals from leading customers across industries reaffirm the superior quality and reliability of our products. Demand from the power sector has shown encouraging momentum, further strengthening our healthy order book and providing clear visibility for sustained growth.

In closing, with a strong order pipeline and a focus on innovation and operational excellence, we are well-positioned to capitalize on emerging opportunities, navigate challenges with agility, and deliver long-term value to our stakeholders.”

 

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