HYDERABAD, India — October 17, 2024 — Tanla Platforms Limited, India’s largest CPaaS provider, today announced its financial results for the second quarter of FY25.
Key Metrics: Second Quarter (July – September 2024)
- Revenue was at ₹ 1,001 Cr, de-grew by 0.8% YoY
- Gross profit was at ₹ 262 Cr. Gross margin was at 26.2%
- EBITDA was at ₹ 175Cr. EBITDA margin was at 17.5%
- Profit after tax was at ₹ 130 Cr. Profit after tax margin was at 13.0%
- Earnings per share at ₹ 9.70
- Free cash flow of ₹ 52 Cr and cash balance at ₹ 705 Cr
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.”
Significant events during the quarter:
- First to launch and implement Call to Action (CTA) whitelisting on our Trubloq platform
- Second year in a row, Karix has been awarded ‘Meta Growth Partner of the Year’
- Deployed Wisely ATP with another leading bank in India
- Appointed François Ortalo-Magné (Executive Dean – London Business School) as independent director to the Board
- Final dividend was approved by the shareholders in the Annual General Meeting, and the dividend was disbursed in August 2024. Total cash outflow of ₹ 807 Mn.