Result for Mar 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Veritas (India) Limited reported FY25 consolidated revenue of Rs. 4,104 crore, up about 5% from Rs. 3,911 crore in FY24. However, consolidated profit after tax fell sharply to Rs. 113.6 crore from Rs. 186.9 crore, a decline of roughly 39%. The company slipped into a consolidated loss of about Rs. 1.1 crore in Q4 FY25 compared to a profit of Rs. 24.3 crore in the same quarter last year. On a standalone basis, revenue grew around 32% to Rs. 323 crore and PAT rose to Rs. 4.3 crore. Trading and Distribution remained the dominant segment, while Warehousing segment results turned negative in Q4. The Board has recommended a dividend of Re. 0.05 per share (5%) and auditors have given an unmodified (clean) opinion.
Despite topline growth, the sharp drop in profits and a quarterly loss suggest margin pressure and weaker year-end performance, which may weigh on investor sentiment. The recommended dividend is small but signals continued shareholder returns.