Tanla Platforms Q3 FY26: Revenue rises to ₹1,121 crore

Q3 FY26 results: the headline numbers

Tanla Platforms Limited announced its financial results for the third quarter of FY26 (October to December 2025), reporting consolidated revenue of ₹1,121 crore. The company said revenue grew 3.9% quarter-on-quarter and 12.1% year-on-year, marking the first time it crossed ₹1,100 crore in a quarter. Gross profit for the quarter stood at ₹309 crore, up 7.8% QoQ and 18.7% YoY, with a gross margin of 27.6%. EBITDA came in at ₹191 crore, rising 7.4% QoQ and 16.6% YoY, while EBITDA margin was reported at 17.0%. Profit after tax (PAT) was ₹131 crore, with a PAT margin of 11.7%. Earnings per share (EPS) for the quarter was ₹9.95.

Cash generation and free cash flow conversion

Tanla reported free cash flow of ₹137 crore for Q3 FY26. The company also disclosed free cash flow at 104% of PAT, indicating cash generation slightly above accounting profits for the quarter. In the immediately preceding quarter (Q2 FY26), Tanla had reported free cash flow of ₹165 crore, equivalent to 132% of PAT, along with a cash balance of ₹881 crore after payout of buyback. These figures underline that cash flow metrics are part of the company’s investor communication alongside revenue and profitability. The company did not provide additional breakdowns of working capital or capex in the provided release.

Management commentary and focus areas

Uday Reddy, Founder Chairman and CEO, said Q3 FY26 marked a milestone with revenue crossing ₹1,100 crore for the first time and growth across key financial metrics. He added that both business segments continued to perform well. Management reiterated a focus on investing in Wisely.ai to build solutions for telecom operators and enterprises. In earlier commentary captured in the stock summary and earnings call-related text, the company highlighted strong SMS volumes and customer acquisitions, while noting that new clients can take time to ramp up. The same commentary referenced robust demand for SMS OTPs supported by digital transactions, alongside competitive pricing pressures.

ESG score and partner recognition during the quarter

Tanla highlighted two notable events in the quarter. First, it scored 80 on the S&P Global ESG (DJSI) assessment, improving from 74 in 2024, and said it placed in the 100th percentile globally as an industry topper. Second, it was recognised as Google’s Growth Partner of the Year 2025 for the second consecutive year. These disclosures were included as operational milestones alongside quarterly financial performance. The company also described itself as an AI-native platform company with a focus on privacy, security, and protection against spam and scams.

Earnings call schedule and disclosures

Tanla said it would host a conference call and live webcast on January 23, 2026 at 3.30 PM IST to discuss the financial results. Separately, a BSE-intimation excerpt in the provided text stated that a board meeting was scheduled for January 22, 2026 to consider and approve unaudited financial results (standalone and consolidated) for the quarter and nine months ended December 31, 2025. The dataset also lists multiple corporate action records, including interim dividends of ₹6 per share on several dates and a buyback event in July 2025.

How Q3 compares with Q2 FY26 (Sep 2025 quarter)

In the Q2 FY26 highlights included in the provided material, Tanla reported revenue of ₹1,078 crore (up 3.6% QoQ and 7.8% YoY). Gross profit was ₹287 crore with a gross margin of 26.6%, and EBITDA was ₹177 crore with a margin of 16.5%. PAT was ₹125 crore with a PAT margin of 11.6%, and EPS was ₹9.43. On another earnings line item in the feed, consolidated net profit for the September 2025 quarter was described as declining 3.96% to ₹125.05 crore versus ₹130.21 crore in the September 2024 quarter.

Key financial metrics table

Stock and valuation snapshot: what the feed shows

As of April 24, 2026 (03:56), Tanla Platforms was shown at ₹485.80, down ₹14.65 (2.93%). The same snapshot listed a market capitalisation of ₹6,605.83 crore and a P/E ratio of 13.02, with a 52-week high of ₹766 and a 52-week low of ₹365.90. The returns shown in the feed were: past one week -0.74%, past one month 19.83%, past three months 1.00%, past six months -20.87%, past one year 0.37%, past three years -23.63%, and past five years -44.69%. On January 23, 2026, another market update in the provided text said the stock surged 11.36% to ₹499.5 at 11:45 IST.

Merger update: Karix Mobile and Gamooga Softtech

A separate November 2025 update stated Tanla Platforms had concluded the merger with Karix Mobile Private Limited and Gamooga Softtech Private Limited after receiving a regulatory approval order on November 27, 2025. The consolidation was stated to be effective from April 1, 2025. The text described the aim as enhancing operational efficiency across enterprise communication and marketing automation, integrating technology infrastructure and compliance frameworks. It also noted procedural requirements such as filing the confirmation order with the Registrar of Companies within 30 days and payment of differences in authorised capital fees and any stamp duty as required.

Market impact: profits, margins, and investor attention

The Q3 FY26 print showed year-on-year growth in revenue, gross profit, and EBITDA, with margins improving from Q2 FY26 levels (gross margin 26.6% to 27.6%, EBITDA margin 16.5% to 17.0%). PAT for Q3 FY26 was reported at ₹131.37 crore in one earnings line item, up 10.85% from ₹118.51 crore in the December 2024 quarter. The stock’s sharp move on January 23, 2026, as captured in the feed, suggests heightened investor focus around results. Corporate actions such as interim dividends of ₹6 per share (including an ex-date of October 27, 2025 for FY 2025-26 interim dividend) and the buyback-related disclosures listed in the dataset also indicate active capital-return events in FY26.

Why this quarter matters for Tanla’s business narrative

From the disclosures provided, Tanla’s near-term narrative combines scale in enterprise messaging and platform offerings with investments in Wisely.ai for telecom and enterprise use-cases. The company also continued to highlight trust-related themes such as spam and scam protection, data security, and privacy, and pointed to telco partnerships and a large enterprise customer base. The merger consolidation described for Karix and Gamooga adds context on organisational structure changes intended to streamline onboarding and unify technology frameworks. Separately, the feed’s “stock summary” text flagged competitive pricing pressures and regulatory delays around a significant acquisition, while stating the company maintained a positive outlook linked to a growing total addressable market.

Conclusion

Tanla Platforms’ Q3 FY26 results showed consolidated revenue of ₹1,121 crore and PAT of about ₹131 crore, alongside sequential margin improvement and a free cash flow of ₹137 crore. The next immediate milestone flagged in the disclosure was the earnings conference call scheduled for January 23, 2026 at 3.30 PM IST, following the board meeting slated for January 22, 2026 to consider the unaudited results.