How has been the historical performance of Veritas (India)?

Aug 14 2025 10:55 PM IST
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Veritas (India) has shown significant growth in net sales, increasing from 2,131.48 Cr in March 2022 to 4,099.05 Cr in March 2025, despite fluctuations in profitability and a decline in cash flow. Total liabilities rose slightly, indicating a stable financial position.
Answer:
The historical performance of Veritas (India) shows a significant increase in net sales and profit over the years, with a notable rise in the most recent fiscal year.

Breakdown:
Veritas (India) has demonstrated a strong upward trend in net sales, increasing from 2,131.48 Cr in March 2022 to 4,099.05 Cr in March 2025. This growth reflects a consistent rise over the years, with net sales reaching 3,854.53 Cr in March 2024 and 2,163.22 Cr in March 2023. The total operating income followed a similar trajectory, peaking at 4,099.05 Cr in March 2025. However, operating profit (PBDIT) has fluctuated, with a decrease to 193.98 Cr in March 2025 from 261.54 Cr in March 2024. Profit before tax also saw a decline to 113.91 Cr in March 2025 from 187.89 Cr in the previous year, while profit after tax decreased to 113.56 Cr from 186.85 Cr. The company's total liabilities increased to 4,182.76 Cr in March 2024, up from 4,120.67 Cr in March 2023, indicating a stable financial position. Cash flow from operating activities has shown a decline, with 55.00 Cr in March 2024 compared to 80.00 Cr in March 2023, yet the closing cash and cash equivalents improved to 18.00 Cr in March 2024 from 7.00 Cr in March 2023. Overall, Veritas (India) has experienced growth in sales and assets, despite some fluctuations in profitability and cash flow.
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