Fire at Adjacent Terminal Impacts Veritas (India) Subsidiaries in UAE Jun 02, 2025
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29May 25
Veritas Q4 Results: EBITDA Declines, Net Loss Narrows
Veritas (India) Limited's Q4 financial results show a 36.07% year-over-year revenue decline to ₹7,000.00 million. EBITDA decreased by 47.84% to ₹264.00 million, with EBITDA margin contracting by 85 basis points to 3.77%. Despite these challenges, the company's net loss narrowed significantly to ₹11.00 million, a 95.47% improvement year-over-year and 96.32% quarter-over-quarter.