Tanla Platforms Ltd. saw a 3% drop in its share price after announcing a 9.9% decline in net profit for the March quarter. The company reported a net profit of ₹117.3 crore, compared to ₹130.2 crore during the same period last year.
Despite a slight increase in revenue by 1.9%, the company’s performance showed limited growth. Revenue for the quarter stood at ₹1,024.4 crore, up from ₹1,005.5 crore in the previous year. Earnings before interest, tax, depreciation, and amortisation (EBITDA) also saw a marginal 1.9% increase, amounting to ₹163.4 crore.
One of the key takeaways from the report was the unchanged EBITDA margin of 16%, indicating that operational efficiency did not significantly improve despite the revenue growth.
In addition to the financial results, Tanla Platforms’ board declared a second interim dividend of ₹6 per share for FY25. Shareholders must hold their shares by the record date, Wednesday, April 30, 2025, to be eligible for the dividend.
Tanla Platforms Limited opened at ₹481.30 today, with the highest and lowest prices both at ₹481.30 and ₹466.40, respectively. Over the past 52 weeks, the stock has reached a high of ₹1,086.45 and a low of ₹409.35.
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