Veranda Learning Solutions Reports Flat Performance in Q1 FY25, with Some Positive Indicators

Veranda Learning Solutions, a smallcap educational institution, has recently announced its financial results for the quarter ending March 2024. According to the latest report, the company has seen a flat performance in the quarter, with no significant changes in its score over the last three months.

However, there are some positive aspects to the company’s financials. The net sales for the quarter were at its highest in the last five quarters, standing at Rs 118.99 crore. This is a 31.6% growth compared to the average net sales of the previous four quarters, indicating a positive trend in the near term.

On the other hand, there are some areas that need improvement for Veranda Learning. The interest cost for the half-yearly period has increased by 129.72%, which could be a result of increased borrowings. The company’s profit before tax (PBT) has also fallen by 43.3% compared to the average PBT of the previous four quarters, showing a negative trend in the near term. Similarly, the profit after tax (PAT) has also decreased by 34.0% compared to the average PAT of the previous four quarters.

Another concerning factor is the company’s debtors turnover ratio, which is at its lowest in the last five half-yearly periods. This indicates a slower pace in settling its debtors. Additionally, the non-operating income for the quarter has increased, but it may not be sustainable as it comes from non-business activities.

Overall, Veranda Learning Solutions has shown a mixed performance in the quarter ending March 2024. While there are some positive aspects, there are also areas that need improvement. Investors should carefully analyze the company’s financials before making any investment decisions.