Venus Pipes & Tubes Limited (VENUSPIPES)
Press Release
Venus Pipes & Tubes received a Rs. 29 crore order for pipe spooling from a data centre customer, part of a Rs. 185 crore LOI. Production started early at the new pipe spooling facility, enabling faster order execution. The remaining LOI value is expected to convert into phased firm orders. The expansion into pipe spooling broadens the product portfolio and targets emerging industrial segments.
Source: Original filing PDF
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Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
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