Audited Standalone and Consolidated Financial Results for the Quarter and Year ended March 31, 2026.
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Veritas (India) Limited reported a severe decline in financial performance for FY 2025-26. Standalone revenue collapsed from Rs 323.14 crore to Rs 23.67 crore, resulting in a net loss of Rs 0.75 crore versus profit of Rs 4.34 crore in the previous year. Consolidated revenue fell from Rs 4,098.11 crore to Rs 3,112.63 crore, with PAT declining sharply to Rs 19.70 crore from Rs 113.56 crore (down about 83%). The company posted a consolidated net loss of Rs 15.93 crore in Q4 FY26. Operating cash flow turned deeply negative at Rs 232.68 crore for the year, compared to positive Rs 41.35 crore previously. The board recommended a nominal dividend of Rs 0.05 per share. Statutory auditors issued unmodified opinions on both standalone and consolidated results.
The company experienced a dramatic collapse in standalone revenue and significant deterioration in consolidated profitability. The deeply negative operating cash flow raises concerns about liquidity and financial flexibility. Shareholders should monitor the company's ability to reverse these trends.