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Tanla Platforms Ltd
reported a 3.8% decline in second-quarter profit on Friday, as margins narrowed despite a rise in revenue, driven by growth across its platform and enterprise messaging businesses.
Consolidated net profit fell to ₹125 crore for the quarter ended Sept 30, compared with ₹130 crore a year earlier.
Revenue rose 7.8% to ₹1,078 crore from ₹1,000 crore a year ago, while EBITDA was up 1.9% at ₹178.3 crore. EBITDA margin stood at 16.5%, compared with 17.5% a year earlier.
The AI-native platform company said gross profit rose 9.5% year-on-year to ₹287 crore, its highest in eight quarters, with a gross margin of 26.6%. Earnings per share stood at ₹9.43, while free cash flow was ₹165 crore — 132% of PAT.
Tanla declared an interim dividend of ₹6 per share and completed a ₹179 crore share buyback during the quarter.
“We delivered growth across all financial metrics, achieving our highest-ever gross profit over the past eight quarters,” said Uday Reddy, Founder Chairman & CEO. “Wisely.ai is reinforcing our belief in the impact of our AI-native platform.”
The Hyderabad-based company said it ended the quarter with a cash balance of ₹881 crore, post buyback.
Consolidated net profit fell to ₹125 crore for the quarter ended Sept 30, compared with ₹130 crore a year earlier.
Revenue rose 7.8% to ₹1,078 crore from ₹1,000 crore a year ago, while EBITDA was up 1.9% at ₹178.3 crore. EBITDA margin stood at 16.5%, compared with 17.5% a year earlier.
The AI-native platform company said gross profit rose 9.5% year-on-year to ₹287 crore, its highest in eight quarters, with a gross margin of 26.6%. Earnings per share stood at ₹9.43, while free cash flow was ₹165 crore — 132% of PAT.
Tanla declared an interim dividend of ₹6 per share and completed a ₹179 crore share buyback during the quarter.
“We delivered growth across all financial metrics, achieving our highest-ever gross profit over the past eight quarters,” said Uday Reddy, Founder Chairman & CEO. “Wisely.ai is reinforcing our belief in the impact of our AI-native platform.”
The Hyderabad-based company said it ended the quarter with a cash balance of ₹881 crore, post buyback.
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