Venus Pipes & Tubes standalone net profit rises 21.90% in the March 2022 quarter

Sales rise 19.19% to Rs 110.18 crore

Net profit of Venus Pipes & Tubes rose 21.90% to Rs 8.07 crore in the quarter ended March 2022 as against Rs 6.62 crore during the previous quarter ended March 2021. Sales rose 19.19% to Rs 110.18 crore in the quarter ended March 2022 as against Rs 92.44 crore during the previous quarter ended March 2021.

For the full year,net profit rose 34.02% to Rs 31.67 crore in the year ended March 2022 as against Rs 23.63 crore during the previous year ended March 2021. Sales rose 25.09% to Rs 386.95 crore in the year ended March 2022 as against Rs 309.33 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales110.1892.44 19 386.95309.33 25 OPM %12.4611.11 -12.7311.24 - PBDT11.549.61 20 44.3131.91 39 PBT11.179.25 21 42.8830.94 39 NP8.076.62 22 31.6723.63 34

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