The company also clarified that its promoters, promoter group, and related entities have no interest in the awarding entity. It further confirmed that the transaction does not qualify as a related party transaction under applicable regulatory norms.
Vibhor Steel Tubes is engaged in the business of manufacturing of ERW pipes & tubes, galvanized pipes & tubes, transmission line towers and crash barriers. The company?s standalone net profit jumped 4% to Rs 3.14 crore on 2.8% increase in net sales to Rs 230.96 crore in Q1 FY26 over Q1 FY25.
Shares of Vibhor Steel Tubes rose 0.12% to close at Rs 161.50 on Friday, 05 September 2025.
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