ALPHA TRIBE

Velox Shipping and Logistics LtdResults, 06-05-2025: Result

06-05-2025 | 10:50 pm

Velox Shipping and Logistics Limited has announced a board meeting to approve the financial results for the quarter and half-year ended March 31, 2025. The company reported total income of ₹40.67 lakhs with a profit before tax of ₹55.16 lakhs and net profit of ₹32.66 lakhs for the year. Cash and cash equivalents rose significantly to ₹74.77 lakhs from ₹1.14 lakhs the prior year. Statutory auditors, Bilimoria Mehta & Co., issued an unqualified opinion, confirming the results reflect a true and fair view of the company’s financial position. This indicates stable operating performance and improved liquidity, relevant for investors monitoring financial health.

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