Venus Pipes & Tubes Limited — Others, 26-05-2025: Appointment

Venus Pipes & Tubes Limited has announced a board meeting to approve the financial results for the quarter and year ended March 31, 2025. The company reported a total income of Rs. 9691.79 million and a net profit after tax of Rs. 928.89 million for the year, with basic EPS at Rs. 45.65. A final dividend of Rs. 0.50 per share is proposed, totaling Rs. 1 per share for FY 2024-25, pending shareholder approval. New internal auditors, M/s BRM & Co., were appointed alongside re-appointments of key auditors. The board also approved expanding business activities to include pipe fittings, metal fabrication, and power generation from both conventional and renewable sources, signaling growth and diversification.