Stock Report

Venus Pipes and Tubes Ltd Q4 FY2023-24 net profit up at Rs. 25.03 crores



Posted On : 2024-05-09 22:05:01( TIMEZONE : IST )

Venus Pipes and Tubes Ltd Q4 FY2023-24 net profit up at Rs. 25.03 crores

Venus Pipes & Tubes Limited has reported Standalone financial results for the period ended March 31, 2024.

Financial Results (Q4 FY2024) - QoQ Comparison

The company has reported total income of Rs. 224.246 crores during the period ended March 31, 2024 as compared to Rs. 209.125 crores during the period ended December 31, 2023.

The company has posted net profit / (loss) of Rs. 25.039 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs. 23.275 crores for the period ended December 31, 2023.

The company has reported EPS of Rs. 12.34 for the period ended March 31, 2024 as compared to Rs. 11.47 for the period ended December 31, 2023.

Financials Q4 FY2024 Q3 FY2024 % Change
Total Income ₹224.246 crs ₹209.125 crs Up Tick / Down Tick7.23%
Net Profit ₹25.039 crs ₹23.275 crs Up Tick / Down Tick7.58%
EPS ₹12.34 ₹11.47 Up Tick / Down Tick7.59%

Financial Results (Q4 FY2024) - YoY Comparison

The company has reported total income of Rs.224.246 crores during the period ended March 31, 2024 as compared to Rs.176.820 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs.25.039 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs.13.429 crores for the period ended March 31, 2023.

The company has reported EPS of Rs.12.34 for the period ended March 31, 2024 as compared to Rs.6.87 for the period ended March 31, 2023.

Financials Q4 FY2024 Q4 FY2023 % Change
Total Income ₹224.246 crs ₹176.820 crs Up Tick / Down Tick26.82%
Net Profit ₹25.039 crs ₹13.429 crs Up Tick / Down Tick86.45%
EPS ₹12.34 ₹6.87 Up Tick / Down Tick79.62%

Financial Results (Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.805.376 crores during the Financial Year ended March 31, 2024 as compared to Rs.554.791 crores during the Financial Year ended March 31, 2023.

The company has posted net profit / (loss) of Rs.85.979 crores for the Financial Year ended March 31, 2024 as against net profit / (loss) of Rs.44.207 crores for the Financial Year ended March 31, 2023.

The company has reported EPS of Rs.42.36 for the Financial Year ended March 31, 2024 as compared to Rs.22.60 for the Financial Year ended March 31, 2023.

Financials Year Ended FY2024 Year Ended FY2023 % Change
Total Income ₹805.376 crs ₹554.791 crs Up Tick / Down Tick45.17%
Net Profit ₹85.979 crs ₹44.207 crs Up Tick / Down Tick94.49%
EPS ₹42.36 ₹22.60 Up Tick / Down Tick87.43%

Shares of Venus Pipes & Tubes Limited was last trading in BSE at Rs. 2139.20 as compared to the previous close of Rs. 2049.15. The total number of shares traded during the day was 11753 in over 1579 trades.

The stock hit an intraday high of Rs. 2151.10 and intraday low of 2035.85. The net turnover during the day was Rs. 24885630.00.

Source : Equity Bulls

Keywords

VenusPipesandTubes Q4FY24 FY2024 ResultUpdate