Tanla Platforms Share Price Falls Over 6%; Net Profit Dips 15% in Q3 FY25

Tanla Platforms’ share price dropped 6.7% to ₹621.40 at 10:15 AM on the NSE, after opening at ₹650, down from its previous close of ₹666.05. The stock hit a fresh 52-week low today at ₹617.05 during early trade. The stock has been volatile recently, gaining 0.88% yesterday but falling 0.86% the day before.

Q3 FY25 Results

Tanla Platforms’ reported a 15% YoY decline in net profit for Q3 FY25. The company’s net profit for the December 2024 quarter was ₹118.51 crore, down from ₹140.13 crore in the same period last year.

While the company’s revenues stood at ₹1,009.82 crore, virtually flat compared to ₹1,007.63 crore in Q3 FY24, the negative results weighed on investor sentiment.

At the operating level, EBITDA declined by 15.3% to ₹163.4 crore in Q3 FY25, compared to ₹192.9 crore in Q3 FY24. The EBITDA margin stood at 16.3% for the reported quarter, down from 19.2% in the same period last year. EBITDA refers to earnings before interest, tax, depreciation, and amortisation.

Tanla Platforms Declares Interim Dividend

The company has announced an interim dividend of ₹6 per equity share (600%) with a face value of ₹1 each for FY 2024-25. The record date to determine shareholder eligibility for the dividend is January 27, with payments to be made on or before February 20.

Sale of Gamooga Softtech

The company announced the sale of its entire 100% stake in Gamooga Softtech, a wholly-owned subsidiary of Tanla’s other wholly-owned subsidiary, Karix Mobile.

In an exchange filing, the company stated, the Board of Directors, during its meeting on January 21, 2025, approved the sale of 100% equity stake in Gamooga Softtech Private Limited (‘Gamooga’) to Karix Mobile Private Limited (‘Karix’), another wholly-owned subsidiary.”

Following this transaction, Gamooga will become a step-down subsidiary of the company.

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