Veritas (India) consolidated net profit declines 16.38% in the March 2024 quarter

Sales rise 66.09% to Rs 1094.54 crore

Net profit of Veritas (India) declined 16.38% to Rs 24.30 crore in the quarter ended March 2024 as against Rs 29.06 crore during the previous quarter ended March 2023. Sales rose 66.09% to Rs 1094.54 crore in the quarter ended March 2024 as against Rs 658.99 crore during the previous quarter ended March 2023.

For the full year,net profit rose 97.08% to Rs 186.85 crore in the year ended March 2024 as against Rs 94.81 crore during the previous year ended March 2023. Sales rose 78.18% to Rs 3854.53 crore in the year ended March 2024 as against Rs 2163.22 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales1094.54658.99 66 3854.532163.22 78 OPM %4.626.24 -5.316.59 - PBDT40.3837.77 7 230.43129.95 77 PBT24.4929.07 -16 187.8995.52 97 NP24.3029.06 -16 186.8594.81 97

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