Veto Switchgears & Cables Reports Strong Financial Growth in March 2025 Results
Veto Switchgears & Cables has announced its financial results for the quarter ending March 2025, showcasing significant growth. Key metrics include a Profit Before Tax of Rs 9.29 crore, a Profit After Tax of Rs 7.54 crore, and net sales of Rs 89.18 crore, reflecting strong operational performance.
Veto Switchgears & Cables has reported its financial results for the quarter ending March 2025, showcasing notable developments in its performance metrics. The company has experienced a significant adjustment in its evaluation, with its score reflecting a shift from -8 to 17 over the past three months.The financial results indicate a robust growth trajectory, particularly in key areas. Profit Before Tax less Other Income (PBT) reached Rs 9.29 crore, marking a substantial year-on-year growth of 197.76%. Similarly, Profit After Tax (PAT) stood at Rs 7.54 crore, demonstrating an impressive year-on-year increase of 255.7%.
Net sales for the quarter were reported at Rs 89.18 crore, the highest in the last five quarters, suggesting a positive trend in sales performance. Operating Profit (PBDIT) also peaked at Rs 10.84 crore, reflecting enhanced operational efficiency, with an Operating Profit Margin of 12.16%, the best in the same timeframe. Additionally, Earnings per Share (EPS) reached Rs 3.94, indicating improved profitability and value creation for shareholders.
These results highlight Veto Switchgears & Cables' strong performance in the electronics and appliances sector, underscoring a favorable outlook based on recent financial data.
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