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

Answer:The historical performance of Veritas (India) shows a significant increase in net sales, rising from 2,131.48 Cr in March 2022 to 4,099.05 Cr in March 2025. Total operating income followed a similar trend, reaching 4,099.05 Cr in March 2025, up from 2,131.48 Cr in March 2022. However, total expenditure also increased, amounting to 3,909.94 Cr in March 2025, compared to 1,974.97 Cr in March 2022. Operating profit (PBDIT) saw fluctuations, peaking at 261.54 Cr in March 2024 before dropping to 193.98 Cr in March 2025. Profit before tax decreased from 187.89 Cr in March 2024 to 113.91 Cr in March 2025, while profit after tax also fell from 186.85 Cr to 113.56 Cr in the same period. The company's total assets decreased from 4,182.76 Cr in March 2024 to 3,835.41 Cr in March 2025, and total liabilities also declined from 4,182.76 Cr to 3,835.41 Cr. Cash flow from operating activities decreased to 28.00 Cr in March 2025 from 55.00 Cr in March 2024, but net cash inflow improved to 21.00 Cr in March 2025 from 11.00 Cr in March 2024.

Breakdown:
Veritas (India) has demonstrated a robust growth trajectory in net sales, which surged from 2,131.48 Cr in March 2022 to 4,099.05 Cr by March 2025, indicating a strong upward trend. Total operating income mirrored this growth, reaching 4,099.05 Cr in March 2025. Despite this, total expenditure also rose significantly, culminating at 3,909.94 Cr in March 2025, which impacted profitability. Operating profit (PBDIT) peaked at 261.54 Cr in March 2024 but fell to 193.98 Cr in March 2025, reflecting operational challenges. Profit before tax and profit after tax both declined in March 2025, with figures of 113.91 Cr and 113.56 Cr respectively, down from the previous year's highs. The company's total assets and liabilities both decreased, suggesting a tightening balance sheet, while cash flow from operating activities decreased to 28.00 Cr in March 2025, although net cash inflow showed a positive trend, increasing to 21.00 Cr. Overall, while Veritas (India) has achieved impressive sales growth, it faces challenges in maintaining profitability and managing expenses effectively.