GURUGRAM, India — July 19, 2024 : Tanla Platforms
Limited, India’s largest CPaaS provider, today announced its financial results
for the first quarter of FY25.
Key Metrics: First Quarter (April – June 2024)
Revenue grew by 10.0%
year-over-year to INR 1,002 Cr
Gross profit grew by
11.7% year-over-year to INR 269 Cr. Gross margin at 26.9%
EBITDA grew by 3.5%
year-over-year to INR 189 Cr. EBITDA margin at 18.8%
Profit after tax grew by
4.3% year-over-year to INR 141 Cr. Profit after tax margin at 14.1%
Earnings per share grew
by 4.3% year-over-year to INR 10.50
Free cash flow of INR 74
Cr and cash balance at INR 757 Cr
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.”
Significant events during the quarter:
● Tanla has once
again been recognized as a ‘Visionary’ in the 2024 Gartner®️ Magic Quadrant™️
for Communications Platform as a Service (CPaaS).
● Tanla signed a
commercial agreement with one of the Global Tech Majors on Wisely ATP to combat
scam on their messaging platform by identifying fraudulent phone numbers.
● MaaP platform
for Google RCS went live in July 2024.
●
Appointment of Abhishek Kumar Jain as Chief Financial
Officer effective August 1, 2024. Abhishek will join Tanla post a nearly
two-decade stint in Wipro Limited, a leading publicly traded IT Services
company.
Earnings Conference Call
Tanla will host a
conference call and live webcast to discuss the financial results on July 19, 2024, at 4.30 PM IST.
Conference call details
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India |
+91 22 6280 1137 +91 22 7115 8038 |
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International Toll-Free |
United Kingdom: 08081011573 |
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United States: 18667462133 |
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Hong Kong: 800964448 |
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Singapore: 8001012045 |
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Watch presentation |
For any additional information, please contact:
Ritu Mehta
Director- Investor
relations
About Tanla
Tanla transforms the way
the world collaborates and communicates through innovative CPaaS solutions.
Founded in 1999, it was the first company to develop and deploy A2P SMSC in
India. Today, as one of the world’s largest CPaaS players, it processes more than
800 billion interactions annually and about 63% of India’s A2P SMS traffic is
processed through Trubloq, making it the world’s largest Blockchain use case.
Wisely, our patented enterprise grade platform offers private, secure, and
trusted experiences for enterprises and mobile carriers. Tanla Platforms
Limited is headquartered in Hyderabad. Tanla is listed on two national
exchanges, the NSE and BSE, (NSE: TANLA; BSE:532790) and included in
prestigious indices such as the Nifty 500 and BSE 500, Nifty Digital Index,
FTSE Russell and MSCI.
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