MoneyWorks4Me

Veritas (India) - Quaterly Results

07 Feb 2023 Evaluate
The sales declined to Rs. 573.90 millions for the December 2022 quarter as compared to Rs. 697.36 millions during the corresponding quarter last year.The Company to register a -70.52%  fall in the net profit for the quarter ended December 2022.A decline of 18.93 millions was observed in the OP in the quarter ended December 2022 from 58.93 millions on QoQ basis.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202212 202112 % Var 202212 202112 % Var 202203 202103 % Var
Sales 573.90 697.36 -17.70 1526.39 891.39 71.24 3538.97 4228.55 -16.31
Other Income 16.10 20.00 -19.50 59.58 41.80 42.54 25.56 84.14 -69.62
PBIDT 18.93 58.93 -67.88 48.73 64.66 -24.64 78.97 88.11 -10.37
Interest 0.77 0.79 -2.53 2.28 2.42 -5.79 3.21 2.54 26.38
PBDT 18.16 58.14 -68.77 46.45 62.24 -25.37 75.76 85.57 -11.46
Depreciation 0.13 0.70 -81.43 0.41 2.07 -80.19 2.85 3.21 -11.21
PBT 18.03 57.44 -68.61 46.04 60.17 -23.48 72.91 82.36 -11.47
TAX 2.94 6.25 -52.96 7.05 6.98 1.00 10.92 14.60 -25.21
Deferred Tax -0.20 -5.91 -96.62 -0.56 -5.66 -90.11 -2.70 3.69 -173.17
PAT 15.09 51.19 -70.52 38.99 53.19 -26.70 61.99 67.76 -8.52
Equity 26.81 26.81 0.00 26.81 26.81 0.00 26.81 26.81 0.00
PBIDTM(%) 3.30 8.45 -60.97 3.19 7.25 -55.99 2.23 2.08 7.09
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