Veto Switchgears Reports Mixed Q1 Results: Revenue Up, Profits Down
Veto Switchgears and Cables Limited reported mixed Q1 financial results. Standalone total income increased by 4.01% to Rs. 434.15 lakhs, but net profit declined by 13.76% to Rs. 372.12 lakhs. Consolidated total income grew by 5.89% to Rs. 648.04 lakhs, while net profit fell by 29.67% to Rs. 343.21 lakhs. The company maintained positive profit margins despite the decline in profitability.