Venus Pipes hits record revenue of INR 276.4 crores

Venus Pipes and Tubes Limited reported record revenue of INR 276.4 crores for Q1 FY'26, up 15% year-on-year. Export sales surged 69% to INR 103.1 crores, while the company maintains a healthy order book of INR 560 crores.

EBITDA stood at INR 44.9 crores with a 16.2% margin. Profit after tax was INR 24.8 crores.

The company expects new capacity from value-added fittings and seamless pipes to be commissioned in H2 FY'26, targeting 25% value growth in FY'26 and 20% growth in FY'27.