Tanla Platforms share price jumped 13% after Q3 results. on Thursday (January 22), Tanla Platforms reported a 10.8% year-over-year rise in net profit for the third quarter, totaling ₹131.3 crore, up from ₹118.5 crore during the same quarter last year.
For the quarter, revenue increased by 12.1% to reach ₹1,121 crore, compared to ₹1,000.4 crore in Q3 of the previous fiscal year. EBITDA climbed 16.9% to ₹190.5 crore, versus ₹163 crore a year earlier. The company reported an EBITDA margin of 17% for the quarter, an improvement from 16.3% in Q3 FY25.
Tanla Platforms recorded a gross profit of ₹309 crore for the quarter, reflecting a quarter-on-quarter growth of 7.8% and a year-on-year increase of 18.7%. The gross margin for the company was 27.6%.
Uday Reddy, Founder Chairman and CEO, stated that the third quarter signifies a significant achievement, as revenue has surpassed ₹1,100 crore for the very first time, with growth achieved across all major financial indicators. Both areas of the business are continuing to thrive.
“We will keep our focus on investing in Wisely.ai to develop cutting-edge solutions for telecommunications companies and enterprises.”
