VERITAS quarterly results and annual financials: sales, operating profit, OPM, net profit, EPS, balance sheet, cash flow and ratios like ROCE, with YoY and QoQ growth.
Veritas (India) Ltd reported sales of ₹712.35 Cr, operating profit of ₹6.85 Cr (OPM 0.96%) and net profit of ₹-5.48 Cr for the quarter ended Sep 2026. Figures in ₹ crore, consolidated where available.
VERITAS quarterly results (₹ Cr)
Metric
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Sales
1,642.46
784.62
586.66
1,006.4
987.83
531.74
897.52
712.35
YoY Sales growth
24.06
-28.32
-22.35
9.93
-39.86
-32.23
52.99
-29.22
Expenses
1,592.18
759.81
550.8
990.77
963
522.65
877.44
705.5
Operating Profit
50.28
24.81
35.86
15.63
24.83
9.09
20.08
6.85
OPM
3.06%
3.16%
6.11%
1.55%
2.51%
1.71%
2.24%
0.96%
Other Income
3.12
-10.67
2.78
-0.33
0.57
-0.28
0.53
-0.06
Interest
13.16
5.41
4.57
4.39
3.23
15
5.97
0.96
Depreciation
9.95
9.94
9.97
10.31
10.52
10.52
11.03
11.25
Profit before tax
30.29
-1.21
24.1
0.6
11.65
-16.71
3.61
-5.42
Tax
1.22%
-9.09%
-0.21%
0%
6.52%
-4.67%
-1.39%
0.92%
Net Profit
29.93
-1.1
24.15
0.6
10.88
-15.93
3.66
-5.48
EPS in Rs
11.16
-0.41
9.01
0.22
4.06
-5.94
1.37
-2.04
VERITAS profit & loss, annual (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
TTM
Sales
2,131
2,163
3,855
4,098
3,113
3,129
Sales growth
14
1
78
6
-24
-22
Expenses
1,975
2,021
3,651
3,911
3,027
3,069
Operating Profit
157
142
204
188
85
61
OPM
7%
7%
5%
4.6%
2.7%
1.9%
Other Income
0
5
58
6
3
1
Interest
19
17
31
40
27
25
Depreciation
32
34
43
39
41
43
Profit before tax
106
96
188
114
20
-7
Tax
1%
1%
1%
0%
0%
-
Net Profit
105
95
187
114
20
-7
EPS in Rs
39.05
35.36
69.69
42.36
7.35
-2.55
Dividend Payout
0%
0%
0%
0%
1%
-
VERITAS balance sheet (₹ Cr)
Metric
Mar 2024
Mar 2025
Sep 2025
Mar 2026
Sep 2026
Equity Capital
3
3
3
3
3
Reserves
2,507
2,663
2,751
2,862
2,346
Borrowings
327
198
254
438
397
Other Liabilities
1,346
973
1,309
1,413
1,156
Total Liabilities
4,183
3,837
4,317
4,716
3,902
Fixed Assets
2,052
2,033
2,056
2,114
2,109
CWIP
349
349
349
349
349
Investments
10
2
1
1
2
Other Assets
1,772
1,454
1,910
2,251
1,442
Total Assets
4,183
3,837
4,317
4,716
3,902
VERITAS cash flows (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
Cash from Operating Activity
121
81
56
41
-233
Cash from Investing Activity
27
-3
-32
19
-1
Cash from Financing Activity
-148
-76
-13
-39
210
Net Cash Flow
0
1
11
21
-23
Free Cash Flow
119
84
25
53
-233
CFO/OP
78%
58%
28%
23%
-271%
CFO/EBITDAShare of operating profit converting into cash: CFO (before tax) / Operating Profit