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The board of directors of Venus Pipes and Tubes Ltd has recommended a final dividend of Rs. 0.50/- per equity share (representing 5 %) of Rs.10/- each fully paid up for the financial year 2022-23.
The Board of Directors of Venus Pipes and Tubes Limited, at its meeting held today have approved the financial results of the company for the period ended March 31, 2023 - Q4FY23 and FY2023.
The board of directors of APL Apollo Tubes Ltd has recommended a final dividend of Rs. 5/- per equity share of face value of Rs. 2/- each i.e., 250% for the financial year ended 31st March, 2023.
The firm reported a net profit of Rs 194 crore in March quarter, up 71 percent from Rs 113 crore a year ago. Revenue advanced 53 percent year on year to Rs 1505.64 crore