VPVenus Pipes & Tubes543528Dividend news update

Interim dividend of Rs. 0.50 per share declared; September quarter results approved

Board approved unaudited results for the quarter and half-year ended September 30, 2026.

By ScoutQuest · Thu 5 Nov 2026, 6:22 PM IST · 2 min read

Interim dividend per share

Rs. 0.50 per equity share (5% of face value of Rs. 10 each)

Q2 revenue from operations

Rs. 3,610.54 Million

Q2 net profit / Half-year net profit

Rs. 260.24 Million / Rs. 524.32 Million

What the board approved

The board met on November 05, 2026 and approved two things: the unaudited financial results for the quarter and half-year ended September 30, 2026, and a first interim dividend for FY 2026-27. The results were reviewed by the Audit Committee, approved by the board and subjected to a limited review by the statutory auditors.

Dividend details

• Interim dividend of Rs. 0.50 per equity share of face value Rs. 10 each, which is 5% of the face value.
• Record date (cut-off date): Friday, November 20, 2026. Shareholders whose names appear on the register at the close of that day, or who are shown as beneficial owners by the depositories, are entitled.
• Payment on or before December 04, 2026.
• Total amount involved: Rs. 11.47 Million.

September quarter numbers (Rs. in Million)

• Revenue from operations: 3,610.54
• Total income: 3,665.21
• Profit before tax: 345.85
• Net profit after tax: 260.24
• Basic and diluted EPS: Rs. 12.56 each (not annualised)

For the same quarter a year earlier, revenue from operations was 3,205.37 and net profit after tax was 264.08, so revenue is higher while profit after tax is broadly similar.

Half-year numbers (Rs. in Million)

• Revenue from operations: 6,815.91
• Total income: 6,897.29
• Profit before tax: 702.91
• Net profit after tax: 524.32
• Basic and diluted EPS: Rs. 25.31 each

Preferential allotment completed after the quarter

After the reporting period, on October 27, 2026, the company allotted 22,27,544 equity shares of face value Rs. 10 each at an issue price of Rs. 1,670 per share, including a premium of Rs. 1,660 per share, for a total of Rs. 371.99 Crores. These shares went to identified non-promoter investors on a preferential basis, following board approval on September 16, 2026 and shareholder approval at the Extraordinary General Meeting on October 8, 2026. The update notes this allotment has no impact on the results for the quarter and half-year ended September 30, 2026.

How to read this

• The dividend is small relative to earnings: Rs. 11.47 Million against half-year net profit of Rs. 524.32 Million.
• Half-year net profit of Rs. 524.32 Million compares with Rs. 519.79 Million in the same half a year earlier.
• The fresh issue of 22,27,544 shares at Rs. 1,670 each brings in Rs. 371.99 Crores, which is large compared with the paid-up equity share capital of Rs. 207.16 Million shown as at September 30, 2026. A larger share count affects per-share measures such as EPS going forward.
• The dates that matter for the dividend are the record date of November 20, 2026 and payment by December 04, 2026.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.

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