Vasa Denticity Limited — Updates, 20-11-2024: Press Release

Vasa Denticity Limited reported robust financial results for the half-year ended September 30, 2024, showcasing a 46.8% increase in revenue, reaching Rs. 113.14 crore, compared to Rs. 77.07 crore in H1 FY24. The EBITDA grew by 51.29% to Rs. 12.3 crore, improving its margin to 10.88%. The Profit After Tax (PAT) rose to Rs. 8.77 crore, reflecting a 39.65% growth from Rs. 6.28 crore in the same period last year, resulting in a PAT margin of 7.75%. The total order volume reached 2.61 lakh, a 29% increase, indicating strong demand for its offerings. Monthly Average Users (MAU) surged to 335,000, representing a 48% rise, while Average Order Value (AOV) also increased, showing enhanced customer engagement. Management highlights that the integration of Smileworks Pvt. Ltd. has bolstered the company's product portfolio, positioning Vasa Denticity for sustained growth in the evolving dental care market. Investors should note the positive outlook driven by accelerating demand and strategic innovations.