NSE
BSEThe Quarter story
The two most recent quarterly results, compared side-by-side.
Venus Pipes & Tubes drives top-line growth through strong domestic and welded pipe demand, though rising input and operational costs are compressing net margins.
Revenue grew from ₹276.4 Cr to ₹320.5 Cr from Q1 FY26 to Q1 FY27 — strong demand across product lines
Cost of Goods Sold rose from ₹185.6 Cr to ₹207.7 Cr over five quarters — higher raw material and production costs are squeezing margins
Welded Pipes revenue surged from ₹103.6 Cr to ₹125.3 Cr over five quarters — segment momentum is driving top-line growth
PAT margin slipped from 9.0% to 8.2% from Q1 FY26 to Q1 FY27 — rising operational and employee costs are weighing on net profitability
Domestic sales share expanded from 63% to 71% from Q1 FY26 to Q1 FY27 — company is relying more on the stable local market
Export revenue fell from ₹103.1 Cr to ₹93.7 Cr over the period — overseas demand remains volatile and less predictable
Gross profit climbed from ₹90.8 Cr to ₹112.8 Cr over the period — pricing power is offsetting rising input costs
Other expenses jumped from ₹34.2 Cr to ₹45.6 Cr from Q1 FY26 to Q1 FY27 — administrative and overhead spending is outpacing revenue growth
EBITDA increased from ₹44.9 Cr to ₹51.5 Cr from Q1 FY26 to Q1 FY27 — core operating earnings remain resilient
Finance cost increased from ₹9.8 Cr to ₹11.3 Cr over five quarters — higher borrowing levels are adding to interest burdens
