Stock Report

Veritas India Ltd posts Rs. 25.02 crores consolidated profit in Q3 FY23



Posted On : 2023-02-08 00:08:02( TIMEZONE : IST )

Veritas India Ltd posts Rs. 25.02 crores consolidated profit in Q3 FY23

VERITAS (INDIA) LTD. has reported Consolidated financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 573.3090 crores during the period ended December 31, 2022 as compared to Rs. 539.9646 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 25.0218 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 23.8071 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 9.33 for the period ended December 31, 2022 as compared to Rs. 8.88 for the period ended September 30, 2022.

Financials Q3 FY2023 Q2 FY2023 % Change
Total Income ₹573.3090 crs ₹539.9646 crs Up Tick / Down Tick6.18%
Net Profit ₹25.0218 crs ₹23.8071 crs Up Tick / Down Tick5.10%
EPS ₹9.33 ₹8.88 Up Tick / Down Tick5.07%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.573.3090 crores during the period ended December 31, 2022 as compared to Rs.460.4369 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.25.0218 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.17.7905 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.9.33 for the period ended December 31, 2022 as compared to Rs.6.64 for the period ended December 31, 2021.

Financials Q3 FY2023 Q3 FY2022 % Change
Total Income ₹573.3090 crs ₹460.4369 crs Up Tick / Down Tick24.51%
Net Profit ₹25.0218 crs ₹17.7905 crs Up Tick / Down Tick40.65%
EPS ₹9.33 ₹6.64 Up Tick / Down Tick40.51%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.1508.7163 crores during the 9 Months period ended December 31, 2022 as compared to Rs.1622.1406 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.65.7356 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.85.6929 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.24.52 for the 9 Months period ended December 31, 2022 as compared to Rs.31.96 for the 9 Months period ended December 31, 2021.

Financials 9 Months Ended FY2023 9 Months Ended FY2022 % Change
Total Income ₹1508.7163 crs ₹1622.1406 crs Up Tick / Down Tick-6.99%
Net Profit ₹65.7356 crs ₹85.6929 crs Up Tick / Down Tick-23.29%
EPS ₹24.52 ₹31.96 Up Tick / Down Tick-23.28%

Shares of VERITAS (INDIA) LTD. was last trading in BSE at Rs. 220.90 as compared to the previous close of Rs. 225.40. The total number of shares traded during the day was 3993 in over 29 trades.

The stock hit an intraday high of Rs. 220.90 and intraday low of 220.90. The net turnover during the day was Rs. 882053.00.

Source : Equity Bulls

Keywords

VeritasIndia Q3FY23 9MFY23 ResultUpdate