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Veeram Securities - Quaterly Results

08 Jul 2023 Evaluate
The revenue for the June 2023 quarter is pegged at Rs. 45.20 millions, about 22.99% up against Rs. 36.75 millions recorded during the year-ago period.The Net Profit of the company slipped to Rs. 5.46 millions from Rs. 8.00 millions, a decline of -31.75% on QoQ basis.Operating Profit reported a sharp decline to 6.39 millions from 10.21 millions in the corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Sales 45.20 36.75 22.99 45.20 36.75 22.99 186.82 181.95 2.68
Other Income 0.34 0.21 61.90 0.34 0.21 61.90 1.66 23.20 -92.84
PBIDT 6.39 10.21 -37.41 6.39 10.21 -37.41 23.69 45.53 -47.97
Interest 0.01 0.00 0.00 0.01 0.00 0.00 0.00 0.01 0.00
PBDT 6.38 10.21 -37.51 6.38 10.21 -37.51 23.69 45.52 -47.96
Depreciation 0.12 0.21 -42.86 0.12 0.21 -42.86 0.50 0.67 -25.37
PBT 6.26 10.00 -37.40 6.26 10.00 -37.40 23.19 44.85 -48.29
TAX 0.80 2.00 -60.00 0.80 2.00 -60.00 5.30 5.00 6.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT 5.46 8.00 -31.75 5.46 8.00 -31.75 17.89 39.85 -55.11
Equity 151.28 100.85 50.00 151.28 100.85 50.00 151.28 100.85 50.00
PBIDTM(%) 14.14 27.78 -49.11 14.14 27.78 -49.11 12.68 25.02 -49.32

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