Vibhor Steel Tubes Limited — Board Meeting, 28-05-2025: Outcome of Board Meeting

Vibhor Steel Tubes Limited has announced a board meeting on which it approved the financial results for the quarter and half-year. Revenue was ₹996.38 Cr, with profit after tax at ₹11.77 Cr, down from ₹17.72 Cr last year. The board approved ₹60 Cr capex to boost Odisha plant capacity from 1.2 lakh MT to 1.56 lakh MT annually, financed via external debt. New products like transmission towers and poles will be added, with commissioning targeted by June 2025. The audit report was clean.