Internet Software & Services company Tanla Platforms announced Q2FY25 results Revenue was at Rs 1,001 crore, de-grew by 0.8% YoY. Gross profit was at Rs 262 crore. Gross margin was at 26.2%. EBITDA was at Rs 175 crore. EBITDA margin was at 17.5%. Profit after tax was at Rs 130 crore. Profit after tax margin was at 13.0%. Earnings per share at Rs 9.70. Free cash flow of Rs 52 crore and cash balance at Rs 705 crore. Uday Reddy, Founder Chairman & CEO, said: “Amidst the dynamic landscape, we have navigated shifts effectively while building a foundation for sustained growth. With strategic investments in OTT, platform innovation, and investment for future growth, Tanla is positioned to drive impactful industry shifts. We closed another deal with one of the largest banks in India this quarter for Wisely ATP, reinforcing our commitment to secure, innovative digital solutions.” Result PDF
Internet & Software Services company Tanla Platforms announced Q1FY25 results: Revenue grew by 10.0% YoY to Rs 1,002 crore Gross profit grew by 11.7% YoY to Rs 269 crore. Gross margin at 26.9% EBITDA grew by 3.5% YoY to Rs 189 crore. EBITDA margin at 18.8% Profit after tax grew by 4.3% YoY to Rs 141 crore. Profit after tax margin at 14.1% Earnings per share grew by 4.3% YoY to Rs 10.50 Free cash flow of Rs 74 crore and cash balance at Rs 757 crore Uday Reddy, Founder Chairman & CEO, said, “We are progressing well with our strategic shifts. Our ~3X growth over the year coupled with go-live of the MaaP platform showcases our leadership in OTT space. Our partnership with a global tech major on Wisely ATP to combat scams is a huge step to tackle this global menace. We are moving in the right direction to elevate our growth trajectory.” Result PDF
Internet Software & Services company Tanla Platforms announced Q4FY24 & FY24 results: Q4FY24 Financial Highlights: Revenue increased by 20.6% YoY to Rs 10,055 million Gross profit at Rs 2,686 million. Gross margin at 26.7% Adjusted EBITDA at Rs 1,877 million. Adjusted EBITDA margin at 18.7%. Reported EBITDA at Rs 1,604 million Adjusted Profit after tax increased by 10.4% YoY to Rs 1,361 million. Adjusted Profit after tax margin at 13.5%. Reported PAT at Rs 1,302 million Earnings per share increased by 9.1% YoY to Rs 9.69 Free cash flow of Rs 1,492 million FY24 Financial Highlights: Revenue increased by 17.1% YoY to Rs 39,278 million Gross profit at Rs 10,559 million. Gross margin at 26.9% Adjusted EBITDA at Rs 7,595 million. Adjusted EBITDA margin at 19.3%. Reported EBITDA at Rs 7,322 million Adjusted Profit after tax increased by 23.0% YoY to Rs 5,542 million. Adjusted Profit after tax margin at 14.1%. Reported PAT at Rs 5,483 million Earnings per share increased by 23.4% YoY to Rs 40.78 Cash & Cash Equivalents at Rs 6,810 million and free cash flow of Rs 4,311 million Uday Reddy, Founder Chairman & CEO, said, “FY24 has been an eventful year across all dimensions of innovation, customer success, and brand– commercializing greenfield platforms like Wisely ATP, value creation through the successful integration of ValueFirst acquisition, the strategic shift towards OTT channels, and showcasing our brand at scale. I am very excited as we enter the new year with the opportunities ahead of us.” Result PDF