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Tanla Platform Q4FY23 results out, revenue drops by 2%

Tanla Platforms Ltd (formerly Tanla Solutions Ltd) is a cloud communications provider enabling businesses to communicate with their customers and intended recipients. It is headquartered in Hyderabad, India. It is a global A2P(application to person) messaging platform provider. 

  • Tanla Platforms reported Total revenue for Q4 FY23 of ₹833 Crore, down from ₹853 Crore year on year, a decline of 2.3%.
  • Total Expenses for Q4 FY23 of ₹667 Crore down, from ₹669 Crore year on year, a decline of 0.29%.
  • Consolidated Net Profit of ₹120 Crore, down 15% from ₹141 Crore in the same quarter of the previous year.
  • The Earnings per Share is ₹8.95, down 14% from ₹10.36 in the same quarter of the previous year.
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