Veer Energy Reports Strong Sales Growth and Profit Increase Amid Score Adjustment
Veer Energy & Infrastructure, a microcap company in the power generation and distribution sector, has recently reported its financial results for the quarter ending December 2024. The results, declared on February 12, 2025, indicate a notable performance in net sales and profit after tax.For the half-yearly period, Veer Energy recorded net sales of Rs 6.81 crore, reflecting a significant year-on-year growth of 81.60%. This upward trend in sales suggests a robust demand for the company's offerings. Additionally, the profit after tax (PAT) for the same period was reported at Rs 0.50 crore, slightly higher than the Rs 0.48 crore recorded in the previous twelve months. This achievement indicates that the company has already surpassed its PAT from the last fiscal year within just half a year.
Despite these positive indicators, the overall evaluation of Veer Energy has undergone an adjustment, with its score reflecting a shift from 15 to 11 over the past three months. This revision in its score highlights the dynamic nature of the company's financial landscape.
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