Venus Pipes and Tubes Limited (VENUSPIPES) Q1 23/24 earnings summary
Event summary combining transcript, slides, and related documents.
Q1 23/24 earnings summary
29 Jul, 2026Executive summary
Approved unaudited financial results for the quarter ended June 30, 2023, with a limited review by statutory auditors.
Appointed M/s Nikhil Dhanotiya & Associates as Secretarial Auditors for FY 2023-24.
Financial highlights
Revenue from operations for Q1 FY24 was ₹1,796.12 million, up from ₹1,136.01 million in Q1 FY23.
Profit before tax for Q1 FY24 stood at ₹234.29 million, compared to ₹121.58 million in Q1 FY23.
Net profit for Q1 FY24 was ₹174.06 million, up from ₹91.10 million in Q1 FY23.
Basic and diluted EPS for Q1 FY24 was ₹8.58, compared to ₹4.66 in Q1 FY23.
Outlook and guidance
The company will assess the impact of the new Code on Social Security, 2020, once effective and update financials accordingly.
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