Veritas India Ltd Q1 FY24 consolidated PAT at Rs. 25.13 crores

VERITAS (INDIA) LTD. has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 495.4801 crores during the period ended June 30, 2023 as compared to Rs. 659.2498 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 25.1380 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 29.0770 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 9.38 for the period ended June 30, 2023 as compared to Rs. 10.84 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 495.4801 crs	₹659.2498 crs	-24.84%
Net Profit	₹25.1380 crs	₹29.0770 crs	-13.55%
EPS	₹9.38	₹10.84	-13.47%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 495.4801 crores during the period ended June 30, 2023 as compared to Rs.395.4427 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.25.1380 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.16.9067 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.9.38 for the period ended June 30, 2023 as compared to Rs.6.31 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 495.4801 crs	₹395.4427 crs	25.30%
Net Profit	₹25.1380 crs	₹16.9067 crs	48.69%
EPS	₹9.38	₹6.31	48.65%

Shares of VERITAS (INDIA) LTD. was last trading in BSE at Rs. 256.55 as compared to the previous close of Rs. 251.55. The total number of shares traded during the day was 32479 in over 210 trades.

The stock hit an intraday high of Rs. 256.55 and intraday low of 246.55. The net turnover during the day was Rs. 8293507.00.

Source : Equity Bulls

Keywords

VeritasIndia Q1FY24 ResultUpdate