Venus Pipes Delivers Robust FY25 Financial Results

27 May 2025 CW Team

Venus Pipes & Tubes Ltd, a key Indian manufacturer and exporter of stainless steel pipes and tubes, announced strong audited financial results for Q4 and FY25.

Quarterly revenue rose by 15.2 per cent to Rs 2.58 billion, and full-year revenue stood at Rs 9.59 billion, reflecting 19.5 per cent growth. Earnings before interest, tax, depreciation, and amortisation reached Rs 1.68 billion with an 18 per cent margin. Profit after tax grew by 8.1 per cent to Rs 930 million, with a margin of 10 per cent.

The seamless and welded segments reported annual growth of 18 per cent and 12 per cent respectively. Cash from operations stood at Rs 870 million. During the year, the company commissioned 3,600 metric tonnes per annum of welded tube capacity and won a Rs 1.90 billion order for stainless steel boiler tubes.

Venus Pipes also secured National Accreditation Board for Testing and Calibration Laboratories certification, expanded into over thirty countries, and reinforced its leadership team. It enters FY26 with a strong order book and plans to launch fittings and value-added seamless products.

Source:Press release by Venus Pipes & Tubes Ltd

Infrastructure Energy

01 Jul 2025

South West Pinnacle Wins Rs 30 Cr Oman Mining Contract

South West Pinnacle Exploration Ltd has secured a Rs 30 crore contract from Minerals Development Oman (MDO) for mining exploration in concession areas 12B and 13.The two-year project will be carried out via Alara Resources LLC, a JV in Oman. MDO, backed by Oman鈥檚 investment authorities, focuses on monetising mineral wealth.The contract covers copper, gold, and chromite and highlights South West Pinnacle鈥檚 growing footprint in international exploration and mining services. ..

Equipment

01 Jul 2025

Godrej GEG Boosts Intralogistics with AI and Green Tech

Godrej Enterprises Group (GEG) is revolutionising warehouse and factory logistics through its Material Handling Equipment and Storage Solutions arms by integrating AI, IoT, and automation.With 20鈥�25% market share and 85% local sourcing, GEG champions Atmanirbhar Bharat and sustainability. The Chennai plant, a green manufacturing leader, uses RoHS-compliant materials and has slashed energy consumption by 60%.GEG serves e-commerce, FMCG, retail, and cold chains with high-performance racking and electric forklifts. Upcoming IoT-enabled forklifts and telematics solutions aim to improve speed, sa..

Infrastructure Urban

01 Jul 2025

Amit Shah Inaugurates Key Projects Across Gujarat

Union 亚博体育官网首页 Minister Amit Shah inaugurated and laid the foundation stone for various projects in Gujarat鈥檚 Panchmahal district and Ahmedabad.In Godhra, he inaugurated the Center of Excellence building, sports complex, reservoir, and Miyawaki plantation. In Ahmedabad, he unveiled a new cooperative complex in Adaroda village and a primary school in Juwal.These projects, under the Model Co-op Village scheme, aim to boost education, sustainability, and rural development across the state. ..