Tanla Platforms’ shares declined 3.27% to ₹654.50 in Friday’s early trade after the company reported a 16% YoY decline in net profit for Q1 FY26 at ₹118.4 crore, compared to ₹141.2 crore in the same period last year. The drop in earnings weighed on investor sentiment despite positive revenue growth and a buyback announcement.
Revenue for the quarter stood at ₹1,040.6 crore, up 3.8% YoY from ₹1,002.2 crore. However, EBITDA fell 13% to ₹163.8 crore, while margins narrowed from 18.8% to 15.7%. The earnings per share for the quarter came in at ₹8.82.
Tanla declared an interim dividend of ₹6 per share, maintaining its 30% payout policy. The company also announced a ₹175 crore share buyback via tender route at ₹875 per share—about 33% higher than Friday’s opening price.
CEO Uday Reddy revealed that their AI-native platform, built for telecom operators, will go live in August in Southeast Asia. Tanla also appointed Anubhav Batra as CFO and Sunil Bhumralkar as Independent Director.
Tanla’s stock has a 52-week range of ₹409.35 to ₹1,012.80, with a market cap of ₹87,770 crore and a P/E ratio of 17.35.
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