Vertoz net profit rises 28% in Q2 FY25

Revenue of the comoany was Rs 63.65 crore in Q2 FY25 as compared to Rs 37.66 crore in Q2 FY24, registering growth of 69 per cent. EBITDA stood at Rs 6.83 crore in Q2 FY25 as compared to Rs 6.60 crore in Q2 FY24, growing by 3.5 per cent. PAT stands at Rs 6.57 crore in Q2 FY25, vis-à-vis Rs 5.13 crore in Q2 FY24, up by 28 per cent.

Revenue for the half year was Rs 123.82 crore in H1 FY25, as compared to Rs 71.57 crore in H1 FY24, registering growth of 73 per cent. EBITDA stood at Rs 15.77 crore in H1 FY25 as compared to Rs 10.53 crore in H1 FY24, growing by 49.8 per cent. PAT stands at Rs 12.31 crore in H1 FY25, vis-à-vis Rs 8.67 crore in H1 FY24, up by 42 per cent.

Commenting on the performance, Ashish Shah, Promoter & Director of Vertoz Ltd, said, “I am pleased to report that we have closed H1FY25 on a positive note, with the Company performing in line with expectations. Despite macroeconomic headwinds across global economies, Vertoz has continued its growth trajectory.

"In H1FY25, our revenue increased by 73 per cent year-on-year to Rs 124 crore, reflecting robust growth in our business. During H1FY25, our EBITDA grew 50 per cent year-on-year to Rs 16 crore, while our PAT increased 42 per cent year-on-year to Rs 12 crore. This performance was primarily driven by new client additions and strategic initiatives that strengthened our capabilities and broadened our offerings.

"Overall, we have entered the second half of the fiscal year on a strong footing. I would like to extend my heartfelt gratitude to all our shareholders, employees, and partners for their unwavering support and commitment. Together, I am confident that we will achieve even greater success and innovation.”

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