Iron & Steel Products company Venus Pipes & Tubes announced Q3FY25 results Revenue of Rs 231.3 crore, a growth of 12% YoY for Q3FY25. EBITDA of Rs 37 crore with EBITDA margins at 16% for Q3FY25. PAT of Rs 18 crore with PAT margins at 8%. Arun Kothari, Managing Director, Venus Pipes & Tubes, said: We are pleased to report steady performance for the quarter, with revenues growing by 11.7% to Rs 231.3 crore, compared to Rs 207.1 crore in the same period last year. Growth remained strong over the nine-month period, with revenues rising 21.2% year-on-year to Rs 700.4 crore. EBITDA stood at Rs 37.2 crore for Q3FY25, while for 9MFY25, it reached Rs 126.0 crore, reflecting a 24.4% growth. Profit for the quarter stood at Rs 18.0 crore, with 9MFY25 profit at Rs 69.2 crore. On the geographical front, we continued our strong export momentum, achieving a 153% YoY growth for the quarter our highest-ever quarterly export revenue. Our share of exports revenue stood at 38.5% for the quarter. Additionally, our focus on expanding in the U.S. market is yielding results, with strong sales driven by a well-established team and a growing network of dealers. We are seeing strong demand for welded pipes in US, Middle East and African markets. European markets continue to remain strong for us with increasing penetration owing to competitive pricing and superior quality of our products. Domestically, sales remain impacted by sluggish private and government sector capex. While we anticipate this trend to persist in the near term, we remain optimistic about growth on the back of market share gains from unorganized players and with the introduction of fittings and other value-added products, we are positioned as a one-stop piping solutions provider for our customers. We continue to secure approvals from leading industry players, reinforcing the trust in our product quality. Our focus remains on expanding our SKU offerings, enhancing our manufacturing capabilities with higher-grade pipes and tubes, and penetrating new geographies. Looking ahead, we remain committed to driving growth through market expansion, innovation, and operational excellence. With a strong export trajectory, increasing acceptance of our value-added products, and strategic investments in capacity expansion, we are wellpositioned to capitalize on future opportunities. Result PDF