Velocity: Financial Breakdown
Decoding financial health metrics of Velocity
Total Revenue₹16.0 Lakh6%Prev. FY
Total Expenses₹1.0 Lakh-50%Prev. FY
Profit After Tax₹11.0 Lakh10%Prev. FY
Total Assets₹2.7 Cr5%Prev. FY
Net Profit Margin0.7%7%Prev. FY
Note: Above mentioned stats are for FY22-23
FAQs on Financials of Velocity
Yes. In FY23, Velocity reported a profit after tax of ₹11.0 Lakh, making it profitable.
Velocity's revenue grew 6.7% year-on-year, from ₹15.0 Lakh in FY22 to ₹16.0 Lakh in FY23.
In FY23, Velocity posted revenue of ₹16.0 Lakh (up 6.7% YoY) and a profit after tax of ₹11.0 Lakh. Explore the full financials of Velocity here...
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