Veritas (India) Ltd — Board Meeting, 29-05-2025: Board Meeting

Veritas (India) Limited has announced a board meeting to approve the financial results for the quarter and half-year ended March 31, 2025. The company reported a consolidated net loss before tax of Rs. 121.12 lakh for the quarter but posted a profit before tax of Rs. 113.91 crore for the full year. Profit after tax for the year stood at Rs. 113.56 crore. The standalone numbers showed a profit before tax of Rs. 4.69 crore for the year. The Board approved a dividend of 5% on equity shares. The company’s subsidiary is developing an integrated manufacturing complex at Dighi Port, currently financed by the company with plans for further funding. The statutory auditors issued an unmodified opinion confirming clean audit reports.