HYDERABAD, India — April 26, 2024 — Tanla Platforms Limited, India’s largest CPaaS provider, today announced its financial results for the fourth quarter & FY24.
Key Metrics: Fourth Quarter (January – March 2024)
Key Metrics: Twelve Months (April – March 2024)
Uday Reddy, Founder Chairman & CEO, said, “FY24 has been an eventful year across all dimensions of innovation, customer success, and brand– commercializing greenfield platforms like Wisely ATP, value creation through the successful integration of ValueFirst acquisition, the strategic shift towards OTT channels, and showcasing our brand at scale. I am very excited as we enter the new year with the opportunities ahead of us.”
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Significant events during the quarter:
Reconciliation from Reported Numbers to Adjusted Numbers
Particulars (In Mn.) | Q4 FY24 | Q4 FY23 | FY24 | FY23 |
Reported EBITDA | 1,604 | 1,661 | 7,322 | 5,879 |
One-time Expense-MWC | 273 | 38 | 273 | 38 |
Adjusted EBITDA | 1,877 | 1,699 | 7,595 | 5,917 |
Adjusted EBIT | 1,649 | 1,553 | 6,743 | 5,453 |
Adjusted PAT | 1,361 | 1,233 | 5,542 | 4,506 |
Adjusted PAT is normalized for the post tax impact for 2 items – (i) one-time expenditure of ₹ 273 MN incurred for Mobile World Congress 2024 and (ii) Gain of Rs. 210 MN in Other Income pertaining to write back of liability.
Invitation to the conference call:
Tanla will host a conference call and live webcast to discuss the financial results on April 26, 2024, at 4.30 PM IST.
For any additional information, please contact:
Ritu Mehta
Director- Investor relations
About Tanla
Tanla transforms the way the world collaborates and communicates through innovative CPaaS solutions. Founded in 1999, it was the first company to develop and deploy A2P SMSC in India. Today, as one of the world’s largest CPaaS players, it processes more than 800 billion interactions annually and about 63% of India’s A2P SMS traffic is processed through Trubloq, making it the world’s largest Blockchain use case. Wisely, our patented enterprise grade platform offers private, secure, and trusted experiences for enterprises and mobile carriers. Tanla Platforms Limited is headquartered in Hyderabad. Tanla is listed on two national exchanges, the NSE and BSE, (NSE: TANLA; BSE:532790) and included in prestigious indices such as the Nifty 500 and BSE 500, Nifty Digital Index, FTSE Russell and MSCI.
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