Sales decline 40.21% to Rs 89.22 crore
Net profit of Veritas (India) declined 53.54% to Rs 3.02 crore in the quarter ended March 2016 as against Rs 6.50 crore during the previous quarter ended March 2015. Sales declined 40.21% to Rs 89.22 crore in the quarter ended March 2016 as against Rs 149.23 crore during the previous quarter ended March 2015.For the full year,net profit declined 14.14% to Rs 7.53 crore in the year ended March 2016 as against Rs 8.77 crore during the previous year ended March 2015. Sales declined 10.68% to Rs 451.92 crore in the year ended March 2016 as against Rs 505.95 crore during the previous year ended March 2015.
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