Venus Pipes and Tubes Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was INR 1,762.8 million compared to INR 1,101.83 million a year ago. Revenue was INR 1,768.2 million compared to INR 1,107.95 million a year ago. Net income was INR 134.29 million compared to INR 80.73 million a year ago. Basic earnings per share from continuing operations was INR 6.87 compared to INR 5.75 a year ago. Diluted earnings per share from continuing operations was INR 6.87 compared to INR 5.75 a year ago.
For the full year, sales was INR 5,523.96 million compared to INR 3,869.52 million a year ago. Revenue was INR 5,547.91 million compared to INR 3,890.75 million a year ago. Net income was INR 442.07 million compared to INR 316.68 million a year ago. Basic earnings per share from continuing operations was INR 22.6 compared to INR 22.55 a year ago. Diluted earnings per share from continuing operations was INR 22.6 compared to INR 22.55 a year ago.