Update: January 22, 2022 11:33 am STI
Hyderabad (Telangana) [India], Jan 22 (ANI/BusinessWire India): Tanla Platforms Limited, India’s largest CPaaS provider, today announced its financial results for the third quarter of FY21-22.
Key indicators: third quarter
-Revenue grew by 35% year-on-year to Rs 8,849 million.
–Gross profit increased by 62% year-on-year to Rs 2,610 million. Gross margin of 29.5% and improvement of 486 basis points year over year.
-EBITDA increased by 60% year-on-year to Rs 2,028 million. EBITDA of 22.9% and improvement of 352 basis points year over year.
– Profit after tax increased by 69% year-on-year to Rs 1,580 million.
-Earnings per share increased by 70% to Rs 11.66.
– Free Cash Flow at Rs 302 million and Cash & Cash Equivalents at Rs 8,807 million.
Key indicators: nine months
-Revenue grew by 39% year-on-year to Rs 23,529 million.
– Gross profit increased by 66% year-on-year to Rs 6,647 million. Gross margin of 28.2% and improvement of 457 basis points year over year.
-EBITDA increased by 72% year-on-year to Rs 5,161 million. EBITDA of 21.9% and improvement of 425 basis points year over year.
– Profit after tax increased by 57% year-on-year to Rs 3,987 million.
-Earnings per share increased by 65% to Rs 29.37.
-Free cash flow at Rs 3.804 million.
Uday Reddy, Founding Chairman and CEO of Tanla Platforms Limited, said, “Tanla has delivered year-on-year growth for 22 consecutive quarters with very strong performance in the quarter across all metrics, and we We are confident that this momentum will continue. “
Highlights of the quarter:
-Tanla and Vodafone Idea Limited (Vi) have entered into an exclusive multi-year partnership to deploy the patented blockchain-enabled Wisely platform to secure, encrypt and improve the performance of all international messaging traffic on the network Vi.
-Integrated two of India’s top ten banks for secure and critical notification service on Wisely.
-Trubloq, our DLT platform crossed 31 billion transactions in December 2021, processing more than 1 billion transactions per day.
-Tanla has been included in the Nifty India Digital Index, recently launched by NSE to track stocks broadly representing the digital theme.
-The clientele has grown with the addition of 77 new clients. Revenue from > Rs10Mn+ customers increased by 36% year-on-year.
-As part of our net zero journey, we have measured our baseline carbon footprint and are working to obtain commendable USGBC certifications for our new premises.
Invitation to the conference:
Tanla will host a conference call and live webcast to discuss the financial results.
Conference call details:
The conference call will start at 4:30 p.m. IST on January 24, 2022. Interested parties can listen to the call by dialing +91 22 6280 1141 / +91 22 7115 8042, or if outside India, by dialing the toll-free number UK 08081011573, USA 18667462133, Hong Kong 800964448 and Singapore 8001012045. Live audio streaming link will be available on Tanla website.
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