Veer Energy & Infrastructure Reports Profit Turnaround in Q1, Schedules 45th AGM
Veer Energy & Infrastructure Limited posted a profit of ₹31.39 lakhs in Q1, compared to a loss of ₹56.56 lakhs in the previous quarter. Despite a decrease in revenue from operations to ₹65.05 lakhs, total revenue stood at ₹128.14 lakhs. Expenses reduced significantly from ₹507.48 lakhs to ₹96.75 lakhs. Earnings per share improved to ₹0.21 from -₹0.37. The company's 45th Annual General Meeting is scheduled for September 30 in Mumbai.