Profit declines 43.78% at Veeram Securities in FY2018-19
In FY2018-19 revenue decreased 43.90% YOY at Rs.15.74 Crore for Veeram Securities against preceding years.
Company : Womens Next Loungeries Ltd
Ahmedabad based Veeram Securities Ltd reported standalone annual net profit of Rs.41.04 Lakh in the present fiscal year whereas in FY2017-18 it was Rs.73 Lakh.
Veeram Securities Ltd, a wholesaler, retailer and trader of branded jewellery and ornaments, earned Rs.16.65 Lakh PAT in HY2 of FY2018-19.
Mahendrabhai Ramnikal Shah, Managing Director of Veeram Securities Ltd, reported the company"s standalone PBT of Rs.52.14 Lakh in the Fiscal Year 2018-19 comparing with Rs.98.34 Lakh in the corresponding period last year.
Profit before tax stood at Rs.21.85 Lakh in the second half of Fiscal Year 2018-19.
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