Tanla Platform shares jump 13% after first double-digit revenue growth in six quarters

Shares of Tanla Platforms Ltd. gained nearly 13% on Friday, January 23, in response to its third quarter results that were reported after market hours on Thursday.

The company reported a profit of tax of ₹131.37 crore in the third quarter, more than the 118.5 crore in the previous year and ₹125 crore in the previous quarter.

Its revenue increased 12.1% to ₹1,121.03 crore from ₹1,000.4 crore in the year-ago period. It was also up 3.9% sequentially from ₹1,078.47 crore. This was the first instance after the first quarter of financial year 2025 that the company saw revenue growth in excess of 10%.

The company's earnings before interest, tax, depreciation and amortisation (EBIT) margin expanded to 17% in the December quarter from 16.3% in the previous year and from 16.5% in the preceding quarter. Margins are also back at the 17% mark after the second quarter of financial year 2025.

Tanla Platforms said its sequential growth is primarily organic, driven by increased wallet share from existing customers. Meanwhile, its annual growth is led by Wisely.ai, MaaP platform and OTT channels, it said.

It said 12 of its top 20 customers of the previous year continue to be in the top 20 and the remaining are in the top 30. It added that the newly-acquired customers contributed ₹3.7 crore in the third quarter.

Shares of Tanla Platforms are trading 11.3% higher after the results announcement at ₹498.75. The stock is still down 9% in the last one month.

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