Vedavaag Systems Reports 39.5% Jump in Q1 Consolidated Revenue
Vedavaag Systems Limited announced strong Q1 financial results with consolidated revenue rising 39.5% to Rs 3,110.91 crore. Profit after tax increased 6.1% to Rs 215.49 crore. The IT & ITES segment generated Rs 2,290.51 crore, while the new System Integration segment contributed Rs 820.40 crore. Standalone revenue grew 50.6% to Rs 2,563.75 crore, though standalone PAT decreased 9.4%. The company's total assets stood at Rs 20,655.42 crore as of June 30.