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Veritas (India) - Quaterly Results

13 Aug 2024 Evaluate
With no major difference for the quarter endedJune 2024 , the total revenue stood at Rs. 617.76  millions.A humble growth in net profit of 6.77% reported in the quarter ended June 2024 to Rs. 10.56  millions from Rs. 9.89 millions.Operating profit for the quarter ended June 2024 decreased to 9.13 millions as compared to 34.42 millions of corresponding quarter ended June 2023.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202406 202306 % Var 202406 202306 % Var 202403 202303 % Var
Sales 617.76 609.91 1.29 617.76 609.91 1.29 2453.25 2279.34 7.63
Other Income 3.60 7.73 -53.43 3.60 7.73 -53.43 22.69 67.54 -66.41
PBIDT 9.13 34.42 -73.47 9.13 34.42 -73.47 75.16 50.36 49.25
Interest 0.28 23.00 -98.78 0.28 23.00 -98.78 23.77 0.55 4221.82
PBDT 8.85 11.42 -22.50 8.85 11.42 -22.50 51.39 49.81 3.17
Depreciation 0.66 0.71 -7.04 0.66 0.71 -7.04 3.32 3.05 8.85
PBT 8.19 10.71 -23.53 8.19 10.71 -23.53 48.07 46.76 2.80
TAX -2.37 0.82 -389.02 -2.37 0.82 -389.02 10.35 7.08 46.19
Deferred Tax -3.63 -0.88 312.50 -3.63 -0.88 312.50 1.26 -0.81 -255.56
PAT 10.56 9.89 6.77 10.56 9.89 6.77 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(%) 1.48 5.64 -73.81 1.48 5.64 -73.81 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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