VETO Switch Gears And Cables Ltd
NSE:VETO
Income Statement
Earnings Waterfall
VETO Switch Gears And Cables Ltd
Revenue
|
3.7B
INR
|
Cost of Revenue
|
-2.8B
INR
|
Gross Profit
|
946m
INR
|
Operating Expenses
|
-570.2m
INR
|
Operating Income
|
375.8m
INR
|
Other Expenses
|
-148.3m
INR
|
Net Income
|
227.6m
INR
|
Income Statement
VETO Switch Gears And Cables Ltd
Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||
Revenue |
1 706
N/A
|
2 391
+40%
|
2 315
-3%
|
2 368
+2%
|
2 517
+6%
|
2 536
+1%
|
2 616
+3%
|
2 557
-2%
|
2 418
-5%
|
2 183
-10%
|
1 966
-10%
|
1 759
-11%
|
1 583
-10%
|
1 502
-5%
|
1 376
-8%
|
1 428
+4%
|
1 553
+9%
|
1 812
+17%
|
2 002
+10%
|
2 335
+17%
|
2 537
+9%
|
2 678
+6%
|
2 856
+7%
|
2 857
+0%
|
2 859
+0%
|
2 911
+2%
|
2 982
+2%
|
3 614
+21%
|
3 718
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||
Cost of Revenue |
(1 356)
|
(1 896)
|
(1 806)
|
(1 811)
|
(1 914)
|
(1 946)
|
(1 966)
|
(1 982)
|
(1 893)
|
(1 781)
|
(1 563)
|
(1 350)
|
(1 156)
|
(1 094)
|
(940)
|
(990)
|
(1 076)
|
(1 328)
|
(1 432)
|
(1 673)
|
(1 810)
|
(1 977)
|
(2 021)
|
(1 999)
|
(2 045)
|
(2 164)
|
(2 237)
|
(2 696)
|
(2 772)
|
|
Gross Profit |
350
N/A
|
495
+41%
|
509
+3%
|
557
+9%
|
604
+8%
|
590
-2%
|
650
+10%
|
575
-12%
|
524
-9%
|
402
-23%
|
403
+0%
|
408
+1%
|
427
+5%
|
408
-4%
|
436
+7%
|
438
+0%
|
477
+9%
|
485
+2%
|
571
+18%
|
661
+16%
|
727
+10%
|
701
-4%
|
836
+19%
|
858
+3%
|
814
-5%
|
747
-8%
|
745
0%
|
918
+23%
|
946
+3%
|
|
Operating Income | ||||||||||||||||||||||||||||||
Operating Expenses |
(182)
|
(257)
|
(257)
|
(253)
|
(242)
|
(193)
|
(239)
|
(244)
|
(266)
|
(206)
|
(259)
|
(260)
|
(251)
|
(236)
|
(269)
|
(279)
|
(292)
|
(260)
|
(347)
|
(383)
|
(417)
|
(383)
|
(484)
|
(493)
|
(506)
|
(428)
|
(454)
|
(564)
|
(570)
|
|
Selling, General & Administrative |
(89)
|
(122)
|
(124)
|
(112)
|
(102)
|
(170)
|
(85)
|
(87)
|
(90)
|
(184)
|
(97)
|
(99)
|
(102)
|
(214)
|
(105)
|
(109)
|
(115)
|
(247)
|
(136)
|
(150)
|
(163)
|
(353)
|
(181)
|
(184)
|
(188)
|
(398)
|
(186)
|
(229)
|
(224)
|
|
Depreciation & Amortization |
(12)
|
(17)
|
(16)
|
(16)
|
(16)
|
(16)
|
(16)
|
(15)
|
(14)
|
(14)
|
(15)
|
(16)
|
(17)
|
(16)
|
(20)
|
(20)
|
(21)
|
(20)
|
(22)
|
(25)
|
(28)
|
(31)
|
(34)
|
(33)
|
(33)
|
(26)
|
(28)
|
(36)
|
(37)
|
|
Other Operating Expenses |
(81)
|
(118)
|
(117)
|
(124)
|
(124)
|
(8)
|
(139)
|
(142)
|
(162)
|
(8)
|
(147)
|
(145)
|
(132)
|
(6)
|
(144)
|
(150)
|
(156)
|
7
|
(189)
|
(208)
|
(226)
|
1
|
(269)
|
(276)
|
(285)
|
(4)
|
(241)
|
(299)
|
(309)
|
|
Operating Income |
168
N/A
|
238
+42%
|
252
+6%
|
304
+21%
|
362
+19%
|
397
+10%
|
412
+4%
|
331
-20%
|
258
-22%
|
196
-24%
|
143
-27%
|
148
+3%
|
177
+19%
|
173
-2%
|
168
-3%
|
159
-5%
|
184
+16%
|
225
+22%
|
224
0%
|
279
+25%
|
311
+11%
|
318
+2%
|
352
+11%
|
365
+4%
|
308
-16%
|
320
+4%
|
291
-9%
|
354
+22%
|
376
+6%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||
Interest Income Expense |
(32)
|
(39)
|
(38)
|
(31)
|
(27)
|
(11)
|
(28)
|
(34)
|
(37)
|
(37)
|
(41)
|
(42)
|
(41)
|
(31)
|
(32)
|
(25)
|
(19)
|
(10)
|
(21)
|
(27)
|
(34)
|
(33)
|
(42)
|
(40)
|
(39)
|
(30)
|
(47)
|
(65)
|
(64)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
11
|
14
|
18
|
15
|
15
|
3
|
16
|
16
|
13
|
1
|
4
|
5
|
6
|
(3)
|
9
|
9
|
9
|
(2)
|
15
|
15
|
15
|
13
|
33
|
33
|
49
|
15
|
45
|
49
|
34
|
|
Pre-Tax Income |
146
N/A
|
213
+46%
|
232
+9%
|
287
+24%
|
350
+22%
|
389
+11%
|
399
+3%
|
313
-22%
|
234
-25%
|
160
-32%
|
106
-34%
|
111
+5%
|
142
+28%
|
139
-2%
|
145
+4%
|
143
-1%
|
174
+22%
|
214
+23%
|
217
+2%
|
267
+23%
|
292
+9%
|
298
+2%
|
343
+15%
|
358
+4%
|
319
-11%
|
304
-5%
|
289
-5%
|
339
+17%
|
345
+2%
|
|
Net Income | ||||||||||||||||||||||||||||||
Tax Provision |
(21)
|
(30)
|
(30)
|
(59)
|
(76)
|
(100)
|
(106)
|
(71)
|
(56)
|
(44)
|
(39)
|
(47)
|
(55)
|
(46)
|
(46)
|
(47)
|
(54)
|
(66)
|
(66)
|
(90)
|
(93)
|
(96)
|
(102)
|
(92)
|
(87)
|
(100)
|
(100)
|
(111)
|
(116)
|
|
Income from Continuing Operations |
125
|
183
|
201
|
228
|
275
|
290
|
294
|
243
|
178
|
116
|
68
|
64
|
87
|
93
|
99
|
96
|
120
|
148
|
152
|
177
|
199
|
202
|
241
|
266
|
232
|
205
|
189
|
228
|
229
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(3)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
|
Net Income (Common) |
125
N/A
|
183
+47%
|
201
+10%
|
228
+13%
|
275
+21%
|
290
+6%
|
294
+1%
|
243
-17%
|
178
-26%
|
116
-35%
|
68
-41%
|
64
-6%
|
87
+36%
|
93
+7%
|
99
+7%
|
96
-3%
|
120
+25%
|
148
+23%
|
151
+2%
|
176
+17%
|
197
+12%
|
200
+2%
|
239
+19%
|
264
+10%
|
230
-13%
|
202
-12%
|
187
-8%
|
227
+21%
|
228
+0%
|
|
EPS (Diluted) |
6.82
N/A
|
10
+47%
|
10.65
+7%
|
12.04
+13%
|
14.37
+19%
|
15.32
+7%
|
15.36
+0%
|
12.77
-17%
|
9.38
-27%
|
6.09
-35%
|
3.56
-42%
|
3.35
-6%
|
4.54
+36%
|
4.88
+7%
|
5.18
+6%
|
5.02
-3%
|
6.27
+25%
|
7.79
+24%
|
7.95
+2%
|
9.2
+16%
|
10.36
+13%
|
10.47
+1%
|
12.64
+21%
|
13.94
+10%
|
12.07
-13%
|
10.59
-12%
|
9.85
-7%
|
12.03
+22%
|
12.19
+1%
|