Tanzana Platforms quarterly results: live audio webcast

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Tanzana Platforms quarterly results: live audio webcast

Hyderabad - Telangana India January 22 ANI BusinessWire India Tanla Platforms Limited, India's largest CPaaS provider, announced today its financial results for the quarter three of FY 21 -- 22.

Metrics: Third Quarter

Revenue increased by 35 per cent year-over-year to Rs 8,849 million.

Gross profit increased by 62 per cent year-over-year to Rs 2,610 million. The gross margin was 29.5 per cent and improved by 486 basis points year-over-year.

EBITDA increased by 60 per cent year-over-year to Rs 2,028 million. EBITDA was 22.9 per cent and improved by 352 basis points year-over-year.

Profit after tax increased by 69 per cent year-over-year to 1,580 million.

Earnings per share increased by 70 per cent to 11.66.

Free cash flow at Rs 302 million and Cash Cash Equivalents at Rs 8,807 million.

Nine Months: Key Metrics

Revenue increased by 39 per cent year-over-year to Rs 23,529 million.

Gross profit increased by 66 per cent year-over-year to Rs 6,647 million. The gross margin was 28.2 per cent and improved by 457 basis points year-over-year.

EBITDA increased by 72 per cent year-over-year to Rs 5,161 million. EBITDA was 21.9 per cent and improved by 425 basis points year-over-year.

The profit after tax increased by 57 per cent year-over-year to Rs 3,987 million.

Earnings per share increased by 65 per cent to Rs 29.37.

Free cash flow was Rs 3,804 million.

For 22 quarters in a row, Tanla has delivered year-on-year growth, with very strong performance in the quarter across all metrics, and we are confident that this momentum will continue, said Uday Reddy, Founder Chairman, Tanla Platforms Limited. Two of the top ten Indian banks were on board for a secure and critical notification service on Wisely.

In December 2021, our DLT platform crossed 31 bn transactions, handling more than 1 billion transactions a day.

Tanla has been included in the Nifty India Digital Index, which was launched by NSE to track stocks broadly representing the digital theme.

Revenue from Rs 10 Mn customers grew by 36% year-over-year.

As part of our net zero journey, we have measured our baseline carbon footprint and are working towards achieving commendable USGBC certifications for our new premises.

Conference call details:

If outside India, dialing 91 91, 91 91, or by dialing toll-free number UK 08081011573, USA 18667462133, Hong Kong 800964448 and Singapore 8001012045 is the best way to listen to the call. The live audio webcast link will be available on the Tanla website.

This story was provided by BusinessWire India. ANI BusinessWire India