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The company will subscribe to the entire initial paid-up share capital of Rs 10 lakh in the subsidiary, with shares being issued at par value. The company will hold 100% ownership and retain full management control over the subsidiary.
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 consolidated net profit declined 41.99% to Rs 2.57 crore despite 16.24% jump in revenue from operations to Rs 335.12 crore in Q4 FY26 over Q4 FY25.
The proposed wholly owned subsidiary company to be incorporated in Hisar, Haryana India, and shall carry on the business of specialized manufacturer of high-quality steel products exclusively serving the infrastructure sector including but not limited to transmission towers, monopoles, crash barriers, octagonal poles, High Mast Poles. Pre-Fab Structures etc.).
For the full year,net profit declined 25.32% to Rs 8.79 crore in the year ended March 2026 as against Rs 11.77 crore during the previous year ended March 2025. Sales rose 15.35% to Rs 1149.35 crore in the year ended March 2026 as against Rs 996.38 crore during the previous year ended March 2025.
The order, placed under Purchase Order YNM/PO-348 dated 15 December 2025, is for METAL CRASH BARRIER W BEAM – Vibhor Steel make.
The total order value is approximately Rs 7.43 crore. The company said the promoters or group companies have no interest in the entity awarding the contract, and the order does not fall under related party transactions.
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 59.6% to Rs 1.42 crore on 19.3% increase in net sales to Rs 281.76 crore in Q2 FY26 over Q2 FY25.
Shares of Vibhor Steel Tubes rose 0.82% to Rs 135.15 on the BSE.