Venus Pipes & Tubes Ltd

Venus Pipes & Tubes Ltd announced its unaudited financial results for Q2 FY27, reporting an all-time high quarterly revenue of INR 361.1 Crores, a 23.9% increase year-on-year. EBITDA grew by 9.1% to INR 51.7 Crores, though EBITDA margins saw a slight decrease to 14.3% from 16.3% YoY, attributed to increased selling prices, export freight, and fuel costs. Excluding price impacts, margins would have been around 15.5%. Revenue from Welded and Seamless Pipes & Tubes grew by 20% each. Domestic growth was robust at 22%, while exports reached an all-time high of INR 147 Crores, up 27% YoY. The company also commenced operations at its spooling solutions facility and began converting a significant data center LOI into orders, securing an initial order worth INR 29 Crores.

Venus Pipes & Tubes Ltd announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The company's Board of Directors also declared an interim dividend of ₹0.50 per equity share (5%) for the Financial Year 2026-27. The record date for this dividend payment has been fixed as November 20, 2026, with the payment scheduled on or before December 04, 2026. The financial results show revenue of ₹3,610.54 million for the quarter and ₹6,815.91 million for the half-year ended September 30, 2026.

Venus Pipes & Tubes Ltd announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The company's Board of Directors also declared an interim dividend of ₹0.50 per equity share (5%) for the Financial Year 2026-27. The record date for this dividend payment has been fixed as November 20, 2026, with the payment scheduled on or before December 04, 2026. The financial results show revenue of ₹3,610.54 Million for the quarter and ₹6,815.91 Million for the half-year ended September 30, 2026. Net profit after tax for the quarter stood at ₹260.24 Million, and for the half-year at ₹524.32 Million.

Venus Pipes & Tubes Ltd announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The company reported a profit before tax of ₹3,232.27 million for the quarter and ₹6,897.48 million for the half-year. The Board of Directors also declared an interim dividend of ₹0.50 per equity share (5%) for the financial year 2026-27, with a record date set for November 20, 2026, and payment by December 4, 2026. The Board meeting took place on November 5, 2026.

Venus Pipes & Tubes Ltd announced that its Board of Directors, in a meeting held on November 5, 2026, approved the unaudited financial results for the quarter and half-year ended September 30, 2026. The Board also declared an interim dividend of ₹0.50 per equity share (5%) for FY 2026-27, with a record date set for November 20, 2026. The dividend payout is scheduled for on or before December 4, 2026. The company also submitted the limited review report from its statutory auditors.

Venus Pipes & Tubes Ltd announced that its Board of Directors, in a meeting held on November 05, 2026, approved the unaudited financial results for the quarter and half-year ended September 30, 2026. The Board also declared an interim dividend of ₹0.50 per equity share (5%) for the Financial Year 2026-27. The record date for this dividend payment has been fixed as November 20, 2026, with payments to be made on or before December 04, 2026.

Venus Pipes & Tubes Ltd has announced that its Board of Directors will convene on November 5, 2026, to consider and approve the unaudited financial results for the quarter and half-year ended September 30, 2026. The board will also evaluate the declaration of an interim dividend for the financial year 2026-27. Concurrently, the trading window for the company's shares will remain closed until November 7, 2026, in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

Venus Pipes & Tubes Ltd has received a significant order worth ₹29 Crore for pipe spooling from a data centre customer. This order is a part of a larger ₹185 Crore Letter of Intent (LOI) previously secured. The company expects the remaining value under the LOI to be converted into firm orders in a phased manner. This development is positive for the company's order book and future revenue streams, indicating strong demand from the data centre sector.

Venus Pipes & Tubes Ltd has received an order worth ₹29 crore for pipe spooling from a data centre customer. This order is part of a larger ₹185 crore Letter of Intent (LOI) previously announced. The company has commenced operations at its dedicated pipe spooling manufacturing facility, enabling faster execution and dispatch. The remaining value of the LOI is expected to be converted into firm orders in phases. This expansion into pipe spooling aims to broaden the company's value-added product portfolio and strengthen its presence in emerging industrial segments like data centre infrastructure.

Venus Pipes & Tubes Ltd announced the allotment of 22,27,544 equity shares at ₹1670 per share on a preferential basis. The total amount raised aggregates to ₹371.99 crore (₹371,99,98,480). The shares were allotted to various non-promoter/public investors, including Ashoka Whiteoak ICAV funds, India Acorn Fund Ltd, Kitara Piin 2401, Whiteoak Capital funds, Aarya Rakesh Doshi, Bengal Finance and Investment Pvt Ltd, Ashish Kacholia, Carnelian Bharat Amritkaal Fund, and Tata funds, among others. This preferential allotment is a significant corporate action aimed at raising capital from strategic investors.