Mumbai, Feb. 13 -- However, revenue from operations advanced 11.67% to Rs 231.30 crore in the December quarter, compared with Rs 207.13 crore posted in Q3 FY24.

Profit before tax in Q3 FY25 stood at Rs 24.20 crore, down 22.34% from Rs 31.16 crore posted in Q3 FY24.

EBITDA declined 4.86% YoY to Rs 37.2 crore in the third quarter of FY25. EBITDA margin was 16.1% in Q3 FY25 as against 18.9% in Q3 FY24.

On a 9-month basis, the company's net profit jumped 13.52% to Rs 69.18 crore on a 21.16% rise in revenue from operations to Rs 700.39 crore in 9M FY25 over 9M FY24.

Arun Kothari, managing director for 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, ...