Venus Pipes & Tubes Limited — Board Meeting, 26-05-2025: Outcome of Board Meeting

Venus Pipes & Tubes Limited has announced a board meeting on which it approved audited financial results for the quarter and year ended March 31, 2025. The company posted annual revenue of Rs. 958.5 Cr and net profit of Rs. 92.9 Cr, with EPS at Rs. 45.65. A final dividend of Rs. 0.50 per share (5%) was proposed, totaling Rs. 1 per share for FY25. Key updates include appointing M/s BRM & Co. as Internal Auditors and re-appointing existing Statutory, Cost, and Secretarial Auditors. The board also expanded its business scope to include industrial fittings and renewable energy.