Tanla Announces Third Quarter 21-22 Results

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NNA |
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.
This story is provided by BusinessWire India. ANI shall in no way be responsible for the content of this article. (ANI/BusinessWire India)

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