Veto Switchgears And Cables Limited — Results, 13-08-2025: Integrated Filing- Financial

Veto Switchgears & Cables reported its financial results for the quarter.

**1) Revenue Performance:** Total consolidated revenue grew to Rs 64.87 Cr for the quarter, up nearly 6% year-over-year from Rs 61.21 Cr. This growth was primarily fueled by strong performance in the Accessories & Others segment, which significantly offset a slight dip in Lighting & Fittings.

**2) Profitability and EPS:** Despite revenue growth, consolidated net profit after tax experienced a sharp decline of almost 30% year-over-year, falling to Rs 3.43 Cr from Rs 4.88 Cr. Consequently, Earnings Per Share (EPS) also decreased to Rs 1.80 from Rs 2.55. This indicates considerable pressure on profit margins.

**3) Operational Costs:** Total expenses for the quarter rose to Rs 60.30 Cr from Rs 55.13 Cr in the prior year. Key increases were observed in employee benefits, finance costs, depreciation & amortization, and other operational expenses, directly impacting the bottom line.

**4) Key Metrics:** The higher finance costs and increased depreciation charges were notable factors contributing to the reduced profitability. The robust growth in the Accessories & Others segment remains a positive highlight.

**Final Takeaway:** While Veto Switchgears & Cables delivered solid revenue growth, the significant contraction in profits due to escalating operational costs signals a challenging quarter for profitability. Investors should closely monitor the company's cost management efforts in future quarters.