Internet Software & Services firm Tanla Platforms announced Q3FY23 results: Q3FY23: Revenue decreased by 2% YoY to Rs 8,696 million Gross profit at Rs 2,168 million. Gross margin at 24.9% EBITDA at Rs 1,513 million. EBITDA margin at 17.4 % Profit after tax at Rs 1,165 million. Profit after tax margin at 13.4% Earnings per share at Rs 8.58 Cash & Cash Equivalents at Rs 7,680 million 9MFY23: Revenue increased by 7% YoY to Rs 25,208 million Gross profit at Rs 6,075 million. Gross margin at 24.1% EBITDA at Rs 4,216 million. EBITDA margin at 16.7 % Profit after tax at Rs 3,274 million. Profit after tax margin at 13.0 % Earnings per share at Rs 24.11 Cash & Cash Equivalents at Rs 7,680 million and negative Free cash flow of Rs 565 million Uday Reddy, Founder Chairman & CEO, Tanla Platforms Limited said, “Wisely is scaling up well and contributed 35% of our platform gross profit in the quarter. Our enterprise business is showing steady recovery with sequential improvement”. Result PDF
IT software and services company Tanla Platforms announced Q2FY23 results: Q2FY23: Revenue increased by 1% YoY to Rs 8,510 million Gross profit at Rs 2,056 million. Gross margin at 24.2% EBITDA at Rs 1,395 million. EBITDA margin at 16.4 % Profit after tax at Rs 1,104 million. Profit after tax margin at 13% Earnings per share at Rs 8.14 Cash & Cash Equivalents at Rs 8,552 million H1FY23: Revenue increased by 12% YoY to Rs 16,512 million. Gross profit at Rs 3,907 million. Gross margin at 23.7%. EBITDA at Rs 2,702 million. EBITDA margin at 16.4 %. Profit after tax at Rs 2,108 million. Profit after tax margin at 12.8%. Earnings per share at Rs 15.53. Free cash flow at Rs 302 million and Cash & Cash Equivalents at Rs 8,552 million Uday Reddy, Founder Chairman & CEO, Tanla Platforms Limited said, “Our significant investments in Wisely, the platform of platforms for digital interactions is seeing strong traction and we are accelerating our Go-to-market efforts. Our focus on ESG was recognized by our S&P; Global ESG score where we ranked in the top 93-94 percentile of the industry”. Result PDF