Tanla Platform Shares Soar 13% on First Double-Digit Revenue Growth in Six Quarters
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CNBC TV18•23-01-2026, 11:37
Tanla Platform Shares Soar 13% on First Double-Digit Revenue Growth in Six Quarters
- •Tanla Platforms Ltd. shares surged nearly 13% on Friday following its strong third-quarter results.
- •The company reported a profit after tax of ₹131.37 crore, exceeding both previous year and quarter figures.
- •Revenue increased by 12.1% to ₹1,121.03 crore, marking the first double-digit growth in six quarters.
- •EBIT margin expanded to 17% in the December quarter, returning to levels last seen in Q2 FY25.
- •Growth was primarily organic, driven by existing customers and new acquisitions contributing ₹3.7 crore.
Why It Matters: Tanla Platforms' shares jumped due to robust Q3 results, marking its first double-digit revenue growth in 1.5 years.
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