MoneyWorks4Me

Veritas (India) - Quaterly Results

18 May 2023 Evaluate
The sales moved down -71.56% to Rs. 752.96 millions for the March 2023 quarter as compared to Rs. 2647.57 millions during the corresponding quarter last year.Net Profit for the quarter ended March 2023 dipped to Rs. 0.70  millions from Rs. 8.80 millions  in the corresponding previous quarter.A decline of 1.64 millions was observed in the OP in the quarter ended March 2023 from 14.31 millions on QoQ basis.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 752.96 2647.57 -71.56 2279.34 3538.97 -35.59 2279.34 3538.97 -35.59
Other Income 7.96 -16.24 -149.01 67.54 25.56 164.24 67.54 25.56 164.24
PBIDT 1.64 14.31 -88.54 50.36 78.97 -36.23 50.36 78.97 -36.23
Interest 0.77 0.79 -2.53 3.05 3.21 -4.98 3.05 3.21 -4.98
PBDT 0.87 13.52 -93.57 47.31 75.76 -37.55 47.31 75.76 -37.55
Depreciation 0.14 0.78 -82.05 0.55 2.85 -80.70 0.55 2.85 -80.70
PBT 0.73 12.74 -94.27 46.76 72.91 -35.87 46.76 72.91 -35.87
TAX 0.03 3.94 -99.24 7.08 10.92 -35.16 7.08 10.92 -35.16
Deferred Tax -0.25 2.97 -108.42 -0.81 -2.70 -70.00 -0.81 -2.70 -70.00
PAT 0.70 8.80 -92.05 39.68 61.99 -35.99 39.68 61.99 -35.99
Equity 26.81 26.81 0.00 26.81 26.81 0.00 26.81 26.81 0.00
PBIDTM(%) 0.22 0.54 -59.70 2.21 2.23 -0.99 2.21 2.23 -0.99
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