Venus Pipes & Tubes reports strong FY 2025 performance with revenue and profit growth

Venus Pipes & Tubes Limited reported a strong financial year for 2024-25, with revenue from operations reaching ₹9,585.26 million, an increase from ₹8,021.98 million in the previous year. The company's profit after tax also grew to ₹928.89 million, up from ₹859.79 million in FY 2023-24. Export revenue notably surged to ₹338.1 crore, accounting for 35% of the total revenue, driven by expansion into high-margin markets like the US, the Middle East, and Africa.

The company's total installed capacity increased to 38,400 MTPA, with a backward integration of ~14,400 MTPA. Strategic capital expenditure included commissioning a 3,600 MTPA valued-added welded tube line in May 2025 and planned fittings capacity to go live in H2 FY 2025-26. Additionally, Venus Pipes aims to further expand its seamless pipe capacity by 4,800 MTPA, targeted for commissioning in H2 FY26.

Sustainability efforts include the operationalization of a 1.3 MW solar power plant, reducing Scope 2 greenhouse gas emissions, and a transition from LPG to PNG. The company also reported planting over 10,855 trees and 6,071 shrubs as part of its Green Credits program.