Tanla Platforms Q3 results: Net profit falls 15% YoY to ₹118.51 crore; revenue slides 0.2%

Tanla Platforms Q3 results: Tanla Platforms Limited (TANLA) announced its October to December quarter results on Tuesday, January 21. The company reported a 15 per cent year-on-year fall in its consolidated net profit for the financial year's third quarter ended December (Q3FY25) to ₹118.51 crore, compared to ₹140.13 crore in the year-ago period. 

Tanla Platforms' consolidated revenue from operations stood at ₹1,000.42 crores during the quarter ended December (Q3FY25), down from ₹1,002.57 crore in Q3FY24, a nearly 0.21 per cent year-on-year drop.

According to the consolidated financial statements, the expenses for the quarter ended December 31, 2024, rose 3.3 per cent to ₹863.05 crore, compared to ₹834.84 crore in the same period a year ago. 

Tanla Interim Dividend Issue

The board of directors of Tanla Platforms have approved an interim dividend of ₹6 per equity share with a face value of ₹1 per share.

According to the BSE filing, the company has set the record date for the dividend issue on January 27, 2025, to determine the eligibility of shareholders for payment of the interim dividend.

The interim dividend shall be issued on or before February 20, 2025, according to the exchange filing. 

Tanla Platform Share Price

Tanla Platforms shares closed 0.68 per cent higher at ₹664.80 after Tuesday's market session, compared to ₹660.30 at the previous market close. The third-quarter results were announced after stock market operating hours on January 21.

The company's shares hit their 52-week high level at ₹1,194.85 on January 23, 2024, while the 52-week low level was at ₹632.50 on January 13, 2025. As of Janaury 21, 2025, the market capitalisation of the company stands at ₹8,949.36, as per BSE data.

Tanla Platforms Limited has given investors returns of over 700 per cent in the last five years. However, the shares have been trading 12.04 per cent lower year-to-date (YTD).

Read all Q3 Results-related news and updates here

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