Veritas (India) Reports Significant Financial Decline in March 2025 Results

Veritas (India), a small-cap player in the Trading & Distributors industry, has recently reported its financial results for the quarter ending March 2025. The results indicate a notable shift in the company's financial standing, with a revision in its score reflecting the challenges faced during this period.
The net sales for the quarter stood at Rs 785.56 crore, which represents a significant decline compared to the average net sales of the previous four quarters. Similarly, the profit before tax less other income (PBT) was reported at Rs 10.59 crore, marking a considerable drop from the average PBT of the prior quarters. The profit after tax (PAT) also showed a concerning trend, with a reported loss of Rs 1.10 crore, contrasting sharply with the average PAT from the previous four quarters.

Additionally, the operating profit reached its lowest point in the last five quarters at Rs 26.36 crore, further emphasizing the negative trajectory of the company's financial performance. The earnings per share (EPS) also reflected this downturn, recorded at Rs -0.41, indicating a decline in profitability and lower earnings for shareholders.

In light of these results, Veritas (India) has experienced evaluation changes that underscore the current financial landscape.

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