How has been the historical performance of Veto Switchgears?

Answer:The historical performance of Veto Switchgears shows a steady growth trajectory in net sales and profits over the years, with the latest figures for March 2025 indicating net sales of 300.38 crore and a profit after tax of 21.82 crore.

Breakdown:
Veto Switchgears has demonstrated consistent growth in net sales, increasing from 150.22 crore in March 2020 to 300.38 crore in March 2025. The total operating income has similarly risen, reflecting a strong operational performance. The company’s total expenditure, excluding depreciation, was 268.69 crore in March 2025, slightly down from 269.20 crore in the previous year. Operating profit, excluding other income, was reported at 31.69 crore for March 2025, indicating a slight increase from 30.89 crore in March 2024. The profit before tax for March 2025 was 29.54 crore, up from 28.75 crore in the prior year, while the profit after tax rose to 21.82 crore from 18.06 crore. The company’s total assets increased to 327.74 crore in March 2025, alongside total liabilities of 22.77 crore, reflecting a stable financial position. Cash flow from operating activities was 14.00 crore, down from 27.00 crore in March 2024, contributing to a net cash outflow of 6.00 crore for the year. Overall, Veto Switchgears has shown resilience and growth in its financial metrics over the years.