India's Venus Pipes and Tubes falls on profit drop
12/08/2025 11:13
** Shares of Venus Pipes and Tubes VENS.NS close down 4.4% at 1,286.5 rupees ** Pipes and tubes maker posts 10% drop in net profit; rev rose 15% but total expenses jumped 21% on invetory charges ** After results announcement, VENS fell 6.1% to its lowest level in three months ** Stock down 14.5% so far in 2025 (Reporting by Nishit Navin in Bengaluru) ((nishit.navin@thomsonreuters.com))
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