Veritas (India) Reports Mixed Financial Results Amidst Declining Sales in August 2025

Veritas (India), a microcap company in the Trading & Distributors industry, has released its financial results for the quarter ending June 2025 on August 13, 2025. The evaluation changes indicate a shift in the company's score, which has moved to -15 from -16 over the past three months. The financial data reveals some positive aspects for Veritas (India). Notably, the Debtors Turnover Ratio has reached its highest level in the last five half-yearly periods, recorded at 3.19 times, suggesting that the company has been effective in settling its debtors more quickly. Conversely, several metrics highlight challenges for the company. Net Sales for the quarter stood at Rs 586.66 crore, reflecting a significant decline compared to the average of Rs 1,024.76 crore over the previous four quarters. Additionally, Profit Before Tax (PBT) was reported at Rs 21.32 crore, which is lower than the average PBT of Rs 27.26 crore from the prior four quarters. Profit After Tax (PAT) also showed a decrease, coming in at Rs 24.15 crore against an average of Rs 28.39 crore in the previous four quarters. Overall, the financial results for Veritas (India) indicate a complex landscape, with both positive and negative trends emerging from the latest data. Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.