ANI PR Wire
10 Nov 2023, 17:47 GMT+10
VMPL
New Delhi [India], November 10: Vertoz Advertising Limited (NSE: VERTOZ), a leading Technology Platform Enterprise, is pleased to announce its outstanding financial performance for the second quarter and half-year ending September 30, 2023.
In a recently concluded Board Meeting on November 9, 2023, Vertoz unveiled remarkable results for Q2 & HY FY2024. The performance demonstrates the company's relentless commitment to delivering value to stakeholders and solidifying its position in the digital advertising industry.
Commenting on the results, Hirenkumar Shah, Whole-time Director of Vertoz, stated, " Vertoz celebrates a robust Q2 65% and HY 72% EBITDA growth, a testament to our unwavering commitment to operational excellence. Fuelled by efficient processes and cost management, we're poised for growth while maintaining discipline. Through technology and talent, we aim to ensure sustained EBITDA growth and shareholder value, prioritizing innovation, and customer satisfaction."
Ashish Shah, Non-Executive Director of Vertoz, added, " Vertoz shines with an outstanding Q2 130% and HY 165% revenue surge from the previous year, demonstrating the strength of our core operations and agile market strategy. Our profitability, marked by a Q2 121% and HY 132% net profit increase, is bolstered by strategic market expansions that harness our core competencies, establishing a well-diversified revenue structure, and fortifying us against market dynamics."
Vertoz:
Vertoz (NSEI: VERTOZ) empowers organizations to thrive in today's digital landscape with proprietary new-age technology platforms for Digital Marketing, Advertising, and Monetization. Vertoz platforms cater to businesses, digital marketers, advertising agencies, digital publishers, and other technology companies. Key Platforms include IngeniousPlex, IncrementX, Adzurite, and AdMozart.
For more information about Vertoz, please visit https://www.vertoz.com/.
For media inquiries, please contact:
Richa Chikara
Lead Corporate Communication
Email: [email protected]
Phone: +91 22 61426067 / +1 (646) 895 6969
(ADVERTORIAL DISCLAIMER: The above press release has been provided by VMPL. ANI will not be responsible in any way for the content of the same)
Get a daily dose of Nepal National news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Nepal National.
More InformationWASHINGTON D.C.: To fix issues that could lead to further bank failures in the U.S., such as the collapse of ...
ARLINGTON, Virginia: This week, Reuters reported that Boeing delivered 46 narrowbody 737s jets in November. The total brings the U.S. ...
NEW YORK, New York - A positive employment report from the U.S. Bureau of Labor Statistics indicating a fall in ...
DALLAS, Texas: This week, AT&T said that by late 2026, it will use open radio access network (ORAN) technology for ...
NEW YORK: This week, ratings agency Moody's warned that it could downgrade China's credit rating, citing costs to bail out ...
NEW YORK, New York - AI set the scene for solid gains in technology shares on Thursday. Demand for Alphabet ...
KATHMANDU, Nepal - The Rukum Paschim District Court sentenced 24 people to life in prison for their roles in the ...
JAKARTA, Indonesia: The death toll from the eruption of Indonesia's Marapi volcano surged to 22 as rescuers discovered additional climbers ...
DHAKA, Bangladesh - PM Sheikh Hasina is ranked 46th on Forbes' list of the World's 100 Most Powerful Women in ...
LAHORE, Pakistan - According to the Lahore police Organized Crime Unit (OCU), a gang of robbers has been arrested in ...
BUKITTINGGI, Indonesia: On December 2, Mount Marapi in West Sumatra province, Indonesia, erupted, sending hot ash clouds several miles (kilometers) ...
NAYPYITAW, Myanmar - Myanmar's junta chief has urged ethnic armed groups fighting the military across the country to find a ...