Veritas (India) consolidated net profit declines 33.64% in the March 2022 quarter

Sales rise 20.25% to Rs 511.91 crore

Net profit of Veritas (India) declined 33.64% to Rs 19.00 crore in the quarter ended March 2022 as against Rs 28.63 crore during the previous quarter ended March 2021. Sales rose 20.25% to Rs 511.91 crore in the quarter ended March 2022 as against Rs 425.70 crore during the previous quarter ended March 2021.

For the full year,net profit declined 4.33% to Rs 104.70 crore in the year ended March 2022 as against Rs 109.44 crore during the previous year ended March 2021. Sales rose 13.60% to Rs 2131.48 crore in the year ended March 2022 as against Rs 1876.27 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales511.91425.70 20 2131.481876.27 14 OPM %6.989.83 -7.348.67 - PBDT27.3538.08 -28 137.75142.70 -3 PBT19.4030.21 -36 105.79110.90 -5 NP19.0028.63 -34 104.70109.44 -4

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