Mumbai-based Veritas (India) Ltd reported a full year net profit of Rs6.31 crore compared to net profit of Rs1.40 crore the previous year. During the period to end-March, the company’s total revenues increased to Rs220.2 crore from Rs77.1 crore.
On a standalone basis, the company has posted a net profit of Rs0.39 crore for the full year as compared to net profit of Rs0.22 crore for the year to end-March 2009. The company is engaged in consulting services.
On Thursday, Veritas shares closed 2% higher at Rs550 on the Bombay Stock Exchange, while the Sensex ended at 1% up at 17,651 points.
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