Veto Switchgears Reports Record Sales and Profit, Signaling Strong Operational Efficiency

Veto Switchgears & Cables, a microcap player in the Electronics & Appliances sector, has recently undergone a financial trend adjustment reflecting its robust performance in the quarter ending March 2025. The company reported its highest net sales at Rs 89.18 crore, alongside a peak PBDIT of Rs 10.84 crore. Notably, the operating profit to net sales ratio reached 12.16%, indicating effective cost management and operational efficiency.
The profit before tax, excluding other income, also hit a record at Rs 9.29 crore, while the profit after tax stood at Rs 7.54 crore, translating to an earnings per share of Rs 3.94. These metrics highlight Veto Switchgears' strong financial health and operational capabilities.

In terms of market performance, Veto Switchgears has shown significant returns compared to the Sensex. Over the past week, the stock returned 22.75%, while the Sensex only saw a modest 0.84% increase. In the one-month period, the stock's return was 18.86%, compared to the Sensex's 1.67%. However, year-to-date figures show a slight decline of 1.09% for Veto Switchgears, contrasting with the Sensex's 4.47% gain. Over a five-year horizon, the stock has outperformed the Sensex significantly, with a return of 303.38% compared to 151.77%. This performance underscores the company's resilience and potential in a competitive market landscape.