Veritas (India) reports FY26 consolidated net profit of ₹1,970.15 lakh
Veritas (India) Limited reported a consolidated net profit of ₹1,970.15 lakh for FY26, with total income from operations at ₹3,11,537.12 lakh. The standalone results showed a net loss of ₹74.71 lakh for the year. The board approved the audited financial results on May 28, 2026.
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Veritas (India) Limited reported a consolidated net profit of ₹1,970.15 lakh for the financial year ended March 31, 2026. The company's total income from operations for the year stood at ₹3,11,537.12 lakh, a decrease from ₹4,10,410.24 lakh in the previous year. The board of directors approved the audited financial results at its meeting held on May 28, 2026.
For the quarter ended March 31, 2026, the company reported a net loss of ₹1,592.53 lakh on a consolidated basis. Total income from operations for the quarter was ₹53,145.82 lakh. The standalone financial results for the year showed a net loss of ₹74.71 lakh, with total income at ₹2,589.93 lakh.
The paid-up equity share capital remained unchanged at ₹268.10 lakh. The reserves, excluding revaluation reserve, were reported at ₹2,86,154.20 lakh for the year ended March 31, 2026. The basic and diluted earnings per share (EPS) for the year were ₹7.35 each, compared to ₹42.36 in the previous year.
The financial results were reviewed by the audit committee and approved by the board. The extract of the audited financial results was filed with the stock exchanges under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The full format of the results is available on the BSE website.
Financial Highlights
| Particulars | Year Ended Mar 31, 2026 (₹ In Lakhs) | Year Ended Mar 31, 2025 (₹ In Lakhs) |
|---|---|---|
| Consolidated | ||
| Total Income from operations | 3,11,537.12 | 4,10,410.24 |
| Net Profit after tax | 1,970.15 | 11,355.90 |
| Total Comprehensive Income | 14,789.22 | 14,298.79 |
| Standalone | ||
| Total Income | 2,589.93 | 32,477.07 |
| Net Profit after tax | (74.71) | 433.88 |
Historical Stock Returns for Veritas
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.99% | +4.06% | -7.37% | -22.41% | -57.90% | +115.83% |
What strategic initiatives will Veritas implement to reverse the 24% decline in consolidated income from operations?
How does the company plan to address the standalone net loss and the significant drop in standalone income?
What factors contributed to the sharp decline in EPS from ₹42.36 to ₹7.35, and is a recovery expected in the next fiscal year?
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