Tanla Platforms stock tanks after firm reports weak Q2 numbers

The selloff in Tanla Platforms today was also triggered by heavy trading volumes as nine lakh shares changed hands so far

Trade

• Watchlist
• Portfolio
• Message
• Set Alert

 

 

Choose Stock Exchange: BSE LIVE NSE LIVE

26 Aug, 2025 12:21

Volume

Todays L/H

More

×

Shares of Tanla Platforms tanked close to 7 percent on October 18 as investors flew the stock after the company reported dismal earnings for the July-September period.

The company's net profit sank 9 percent on year to Rs 130.2 crore while revenue fell one percent to Rs 1,000.70 crore.

Revenue from the company’s digital platforms segment declined nearly 8 percent year-on-year to Rs 88 crore. However, Tanla Platforms noted that excluding the impact of Vodafone Idea, the segment's revenue actually grew by 16 percent.

Additionally, EBITDA margins for the quarter contracted by 198 basis points year-on-year to 17.5 percent, mainly due to lower gross profit growth and an increase in indirect costs.

At 1.20 pm, shares of Tanla Platforms were trading at Rs 827.85 on the NSE, though still in the red but off its day's low of Rs 800.30. Furthermore, the selloff in the stock today was also triggered by heavy trading volumes as nine lakh shares changed hands so far, higher than the one month daily traded average of four lakh shares.

Follow our market blog to catch all the live action

During Q2, the company faced higher cloud and hosting charges as part of its infrastructure revamp initiatives. Employee costs also rose on the back of salary increments, net additions, and restricted stock unit (RSU) expenses. Furthermore, there was a rise in marketing and general expenses, although this was partially offset by forex gains. All of these factors, when combined weighed on the company's operating margins as well as bottomline.

"Amidst the dynamic landscape, we have navigated shifts effectively while building a foundation for sustained growth. With strategic investments in OTT, platform innovation, and investment for future growth, Tanla is positioned to drive impactful industry shifts," Uday Reddy, Founder Chairman and CEO of Tanla Platforms said in an exchange filing.

Reddy also remarked another deal that Tanla signed with one of the largest banks in India this quarter for Wisely ATP.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.