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Veritas (India) - Quaterly Results

29 May 2024 Evaluate
The Sales for the quarter ended March 2024 of Rs. 153.91 million declined by -79.56% from Rs. 752.96 millions.Net Profit for the quarter ended March 2024 zoomed to 1345.71% from Rs. 0.70 millions to Rs. 10.12  millions.Operating profit for the quarter ended March 2024 rose to 13.83 millions as compared to 1.64 millions of corresponding quarter ended March 2023.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 153.91 752.96 -79.56 2453.25 2279.34 7.63 2453.25 2279.34 7.63
Other Income 3.60 7.96 -54.77 22.69 67.54 -66.41 22.69 67.54 -66.41
PBIDT 13.83 1.64 743.29 75.16 50.36 49.25 75.16 50.36 49.25
Interest 0.53 0.14 278.57 23.77 0.55 4221.82 23.77 0.55 4221.82
PBDT 13.30 1.50 786.67 51.39 49.81 3.17 51.39 49.81 3.17
Depreciation 1.33 0.77 72.73 3.32 3.05 8.85 3.32 3.05 8.85
PBT 11.97 0.73 1539.73 48.07 46.76 2.80 48.07 46.76 2.80
TAX 1.85 0.03 6066.67 10.35 7.08 46.19 10.35 7.08 46.19
Deferred Tax -0.69 -0.25 176.00 1.26 -0.81 -255.56 1.26 -0.81 -255.56
PAT 10.12 0.70 1345.71 37.72 39.68 -4.94 37.72 39.68 -4.94
Equity 26.81 26.81 0.00 26.81 26.81 0.00 26.81 26.81 0.00
PBIDTM(%) 8.99 0.22 4025.71 3.06 2.21 38.67 3.06 2.21 38.67
Peers
Company Name CMP
Redington 327.50
Adani Enterprises 2735.00
Amrapali Industries 33.57
Maxgrow India 172.35
Rashi Peripheral 738.20
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