Vertoz Advertising announced its standalone and consolidated HY1 financials of FY2019-20 and also approves to increase its authorized share capital with issuance of bonus shares.

Company : Vadivarhe Speciality Chemicals Limited

Vertoz Advertising will issue bonus equity shares in the ratio of 1:1 that is one share for every one existing equity share held by the members. Board also approved the company"s migration from NSE Emerge platform to the main board platform of national stock exchange of India.

Vertoz Advertising also declared its standalone and consolidated financial results for the half year ended September, 2019 marking a rise in net profit despite lower revenues.

Following are the standalone HY1 financials at Vertoz Advertising in FY19-20:

- The revenue reached Rs.10.18 crore as compared to Rs.10.47 crore in a year ago period.

- Net profit was Rs.1.96 crore while in the preceding year same period it was Rs.1.61 crore.

- Earning per share for the current half year was Rs.3.29 as against Rs.2.70 in previous year corresponding period.

By the end of financial year 2018-19, total standalone revenue at Vertoz Advertising reached Rs.21.94 crore followed by PAT of Rs.2.75 crore.

Following are the consolidated HY1 financial figures of FY2019-20 at Vertoz Advertising:

- Total revenue earned is Rs.28.92 crore.

- Net profit reached Rs.4.48 crore

- Earnings per share Rs.7.49

The total consolidated earnings at Vertoz Advertisingin the financial year 2018-19 was Rs.46.88 crore and PAT was Rs.7.33 crore.

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