Vibhor Steel Tubes Limited has informed the Exchange about Transcript

Vibhor Steel Tubes has filed the transcript of its Q1 FY26 earnings call held on August 13, 2025. The major highlight is the commencement of operations at the new Jharsuguda (Odisha) plant after receiving the electricity connection; the plant has already produced three pipe sizes (1-inch, 1.5-inch, 2-inch), tested the galvanising line, and manufactured about 1,000 tonnes of highway guard rails. The new unit involved a capex of ₹120 crore and has an installed capacity of 1,00,000–1,20,000 tonnes per annum, on par with the Maharashtra and Telangana plants. Management described Q1 as smooth, attributing steady domestic demand and better margins to government duties that made domestic raw material more competitive. For the rest of the year, the company is targeting new markets in North-East India, West Bengal, Odisha and Raipur, and indicated that raw material prices look stable versus last year, supporting healthy margin realisation.