Stock Report

Veritas India Ltd posts consolidated Q2FY22 net profit of Rs. 34.28 crore



Posted On : 2021-11-24 21:57:27( TIMEZONE : IST )

Veritas India Ltd posts consolidated Q2FY22 net profit of Rs. 34.28 crore

VERITAS (INDIA) LTD. has reported Consolidated financial results for the period ended September 30, 2021.

Financial Results (Q2 FY2022) - QoQ Comparison

The company has reported total income of Rs. 827.3770 crores during the period ended September 30, 2021 as compared to Rs. 334.3267 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs. 34.2842 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs. 33.6182 crores for the period ended June 30, 2021.

The company has reported EPS of Rs. 12.79 for the period ended September 30, 2021 as compared to Rs. 12.54 for the period ended June 30, 2021.

Financials Q2 FY2022 Q1 FY2022 % Change
Total Income ₹827.3770 crs ₹334.3267 crs Up Tick / Down Tick147.48%
Net Profit ₹34.2842 crs ₹33.6182 crs Up Tick / Down Tick1.98%
EPS ₹12.79 ₹12.54 Up Tick / Down Tick1.99%

Financial Results (Q2 FY2022) - YoY Comparison

The company has reported total income of Rs.827.3770 crores during the period ended September 30, 2021 as compared to Rs.609.4591 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.34.2842 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs.36.1949 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.12.79 for the period ended September 30, 2021 as compared to Rs.13.50 for the period ended September 30, 2020.

Financials Q2 FY2022 Q2 FY2021 % Change
Total Income ₹827.3770 crs ₹609.4591 crs Up Tick / Down Tick35.76%
Net Profit ₹34.2842 crs ₹36.1949 crs Up Tick / Down Tick-5.28%
EPS ₹12.79 ₹13.50 Up Tick / Down Tick-5.26%

Financial Results (Half Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.1161.7037 crores during the 6 Months period ended September 30, 2021 as compared to Rs.1031.8925 crores during the 6 Months period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.67.9024 crores for the 6 Months period ended September 30, 2021 as against net profit / (loss) of Rs.51.3367 crores for the 6 Months period ended September 30, 2020.

The company has reported EPS of Rs.25.33 for the 6 Months period ended September 30, 2021 as compared to Rs.19.15 for the 6 Months period ended September 30, 2020.

Financials Half Year Ended FY2022 Half Year Ended FY2021 % Change
Total Income ₹1161.7037 crs ₹1031.8925 crs Up Tick / Down Tick12.58%
Net Profit ₹67.9024 crs ₹51.3367 crs Up Tick / Down Tick32.27%
EPS ₹25.33 ₹19.15 Up Tick / Down Tick32.27%

Shares of VERITAS (INDIA) LTD. was last trading in BSE at Rs. 103.60 as compared to the previous close of Rs. 105.70. The total number of shares traded during the day was 23010 in over 161 trades.

The stock hit an intraday high of Rs. 107.80 and intraday low of 103.60. The net turnover during the day was Rs. 2413919.00.

Source : Equity Bulls

Keywords

VeritasIndia Q2FY22 H1FY22 ResultUpdate