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Vertoz Advertising Ltd Q1FY24; 151% rise in Profits

Vertoz Advertising Ltd, founded in 2012, is an ad-tech Co. that offers data-driven marketing, advertising and monetization solutions to Digital Marketers, Advertising Agencies and Digital Media businesses using the latest technologies. The company has in-house developed its full-stack and has also acquired various components to complement its products.

Financial Results:

Vertoz Advertising Ltd reported Revenues for Q1FY24 of ₹33.92 Crores up from ₹11.03 Crore year on year, a rise of 207.52%.

Total Expenses for Q1FY24 of ₹31.12 Crores up from ₹9.20 Crores year on year, a rise of 238.26%.

Consolidated Net Profit of ₹3.54 Crores up 151.06% from ₹1.41 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.96, up 150.85% from ₹1.18 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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