Gurugram: Tanla Platforms Limited, the biggest CPaaS provider in India, revealed its financial results for the first quarter of FY25.
Important measurements: Beginning of the year (April – June 2024). Income increased by 10.0% compared to last year, reaching INR 1,002 Cr. There was an 11.7 pc increase in gross profit year-on-year, reaching INR 269 Cr. Profit percentage of 26.9 pc. EBITDA increased by 3.5 pc compared to the previous year to reach INR 189 Cr. EBITDA margin stands at 18.8 percent.
Net income increased by 4.3 pc compared to the previous year, reaching INR 141 Cr. Net profit margin stands at 14.1pc. There was a 4.3 pc year-over-year increase in earnings per share, reaching INR 10.50. INR 74 Cr in free cash flow and INR 757 Cr in cash balance.
Uday Reddy, the Founder Chairman & CEO, mentioned that we are making good progress with our strategic changes. Our strong growth of around three times combined with the launch of the MaaP platform demonstrates our dominance in the OTT industry. Collaborating with a leading international technology company on Wisely ATP to address scams is a significant effort in combatting this widespread problem. We are making progress towards boosting our growth path.
FIRST Business Portal addressing the potential of business capability of North East Region.
