Venus Pipes & Tubes Ltd - 543528 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation of Schedule of Analyst / Institutional Investor Meetings under the SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015 Venus Pipes & Tubes Ltd - 543528 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation of Schedule of Analyst / Institutional Investor Meetings under the SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015. Venus Pipes & Tubes Ltd - 543528 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Intimation pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Transcript of Earnings Call Venus Pipes & Tubes Ltd - 543528 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Earnings Call with the investors on the Un-Audited Financial Results for the quarter & nine month ended on December 31, 2022
Venus Pipes & Tubes Results Earnings Call for Q3FY23
Conference Call with Venus Pipes & Tubes Management and Analysts on Q3FY23 Performance and Outlook. Listen to the full earnings transcript. Venus Pipes & Tubes Ltd - 543528 - Submission Of Statement Of Deviation Or Variation In The Use Of Proceeds Of Initial Public Offering Of Venus Pipes & Tubes Limited
Submission of Statement of deviation or variation in the use of proceeds of Initial Public Offering of Venus Pipes & Tubes Limited Venus Pipes & Tubes Ltd - 543528 - Announcement under Regulation 30 (LODR)-Monitoring Agency Report
Pursuant to Regulation 32(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith Monitoring Agency Report in respect of utilization of proceeds of IPO for the quarter ended December 31, 2022 issued by CARE Ratings Limited, Monitoring Agency Venus Pipes & Tubes Ltd - 543528 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Submission of Newspaper Advertisement regarding the Financial Results of the Company for the quarter and nine months ended December 31, 2022 Q3FY23 Quarterly Result Announced for Venus Pipes & Tubes Ltd.
Iron & Steel Products firm Venus Pipes & Tubes announced Q3FY23 results: Q3FY23 & 9MFY23: Total revenue stood at Rs 376.1 crore in 9MFY23, as compared to Rs 276.8 crore in 9MFY22. Revenue for Q3FY23 stood at Rs 136.1 crore, as compared to Rs 106.2 crore in Q3FY22, a growth of 28%. EBIDTA for Q3FY23 stood at Rs 17.5 crore, an increase of 37% on a YoY basis. The same for 9MFY23 grew by 34%. PAT for the quarter was up by 42% YoY and grew 30% on a nine-month basis. Commenting on the company’s financial performance, Arun Kothari, Managing Director, Venus Pipes & Tubes Ltd, said, “We are proud to report a growth of 28% in our revenues and 42% increase in bottom-line in Q3FY23 on a YoY basis. During the quarter, the company upgraded the tube mill and in turn, will further increase the efficiency of tube mills. This focus on productivity & quality has led to Direct Domestic sales (to brands) growing by 72% YoY in Q3FY23 and 107% YoY in 9MFY23. Not only both our product categories have shown robust growth in WRT sales & volumes, but we have also taken significant steps towards achieving our aim of diversifying geographically and across our sales channel. Exports share for the quarter was suppressed due to the impact of inflationary environment and geopolitical tensions in Europe. This is a short-term impact, and we estimate this to rebound in the coming quarters in FY24. This quarter we saw policy support for our Industry by the government. While imports on welded pipes already had ADD, the duty on seamless pipes announced recently is a positive move and is likely to boost the domestic utilization of players. In addition to import substitution, this will also aid us in capturing the market share of unorganized players. Now that the commissioning of our planned capex is close, we look forward to serving more industries and becoming the veterans of this sector.” Result PDF Venus Pipes & Tubes Ltd - 543528 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Intimation of Press Release on Unaudited Financial Results for the Quarter & nine month ended December 31, 2022