Veritas (India) Quarterly Results

Charts

YoY Net Sales (Quarterly)

Operating Margin

EPS Growth

POSITIVES

Strong revenue growth in the latest quarter, increasing by 65% compared to the previous quarter.
Operating profit margin increased to 47.30% in Q4 2024, indicating operational efficiency.
Net profit showed resilience with a 20% increase compared to Q4 2023 despite revenue fluctuations.

NEGATIVES

Revenue dropped significantly by 43% in Q1 2025 compared to Q4 2024, indicating seasonal volatility.
Net profit decreased to ₹24.15 Crore in Q1 2025, down from ₹29.93 Crore in Q4 2024.
Decline in EPS from ₹11.16 in Q4 2024 to ₹9.01 in Q1 2025 suggests reduced shareholder value.

Field	Jun 23	Sep 23	Dec 23	Mar 24	Jun 24	Sep 24	Dec 24	Jun 25
Revenue	495.23	940.87	1,323.90	1,094.54	755.52	915.51	1,642.46	586.66
Expenses	470.26	899.25	1,283.63	1,070.40	708.22	891.53	1,615.29	565.35
Operating Profit	24.97	41.62	40.27	24.14	47.30	23.98	27.17	21.32
Other Income	0.25	0.25	56.05	0.35	0.54	13.01	3.12	2.78
Interest	8.36	6.33	5.85	10.58	7.59	14.05	13.16	4.57
Depreciation	8.78	8.91	8.96	15.89	9.43	10.10	9.95	9.97
Profit Before Tax	25.22	41.87	96.31	24.49	47.84	36.99	30.29	24.10
Tax	0.08	0.26	0.51	0.18	-0.24	0.33	0.36	-0.05
Net Profit	25.14	41.61	95.80	24.30	48.07	36.66	29.93	24.15
Eps in Rs	9.38	15.52	35.73	9.07	17.93	13.67	11.16	9.01