Board Meeting Details
The Board of Directors meeting was held on Tuesday, October 27, 2026, commencing at 2:00 PM IST and concluding at 4:00 PM IST.
Key Board Approvals
1. Approved unaudited Standalone and Consolidated Financial Results for the quarter and half year ended September 30, 2026
2. Approved Limited Review Reports on the unaudited financial results
3. Declared 1st interim dividend for FY 2026-27 at the rate of ₹6 per equity share (600%) on face value of ₹1 each
Dividend Details
- Interim dividend: ₹6 per equity share (600%)
- Record date: November 2, 2026
- Aggregate dividend amount: ₹7,958.04 lakhs
Financial Results Overview
Consolidated Results (₹ in Lakhs)
Quarter Ended September 30, 2026:
- Revenue from operations: ₹1,35,174.96
- Other Income: ₹1,206.16
- Total Income: ₹1,36,381.12
- Total Expenses: ₹1,17,651.34
- Profit before tax: ₹18,729.78
- Tax expense: ₹4,087.80 (Current tax: ₹4,248.42, Deferred tax: ₹(160.62))
- Net Profit: ₹14,641.98
- EPS Basic: ₹11.09
- EPS Diluted: ₹11.07
Half Year Ended September 30, 2026:
- Revenue from operations: ₹2,57,814.10
- Other Income: ₹2,615.84
- Total Income: ₹2,60,429.94
- Total Expenses: ₹2,23,572.15
- Profit before tax: ₹36,857.79
- Tax expense: ₹7,999.10
- Net Profit: ₹28,858.69
- EPS Basic: ₹21.86
- EPS Diluted: ₹21.82
Standalone Results (₹ in Lakhs)
Quarter Ended September 30, 2026:
- Revenue from operations: ₹22,502.44
- Other Income: ₹660.88
- Total Income: ₹23,163.32
- Total Expenses: ₹22,613.68
- Profit before tax: ₹549.64
- Tax expense: ₹97.27
- Net Profit: ₹452.37
- EPS Basic: ₹0.34
- EPS Diluted: ₹0.34
Half Year Ended September 30, 2026:
- Revenue from operations: ₹43,936.72
- Other Income: ₹9,165.25
- Total Income: ₹53,101.97
- Total Expenses: ₹44,456.70
- Profit before tax: ₹8,645.27
- Tax expense: ₹173.30
- Net Profit: ₹8,471.97
- EPS Basic: ₹6.42
- EPS Diluted: ₹6.41
Comparative Performance
Consolidated YoY Quarterly Comparison (Q2 FY27 vs Q2 FY26):
- Revenue growth: 25.4% (from ₹1,07,847.56 to ₹1,35,174.96)
- Net Profit growth: 17.1% (from ₹12,504.52 to ₹14,641.98)
Quarterly Sequential Comparison (Q2 FY27 vs Q1 FY27):
- Revenue growth: 10.2% (from ₹1,22,639.14 to ₹1,35,174.96)
- Net Profit growth: 3.0% (from ₹14,216.71 to ₹14,641.98)
Assets and Liabilities Position
Consolidated (as of September 30, 2026)
- Total Assets: ₹4,15,193.06 lakhs
- Non-current assets: ₹1,48,281.45 lakhs
- Current assets: ₹2,66,911.61 lakhs
- Total Equity: ₹2,72,238.44 lakhs
- Paid-up equity share capital: ₹1,326.34 lakhs
- Other equity: ₹2,70,912.10 lakhs
- Total Liabilities: ₹1,42,954.62 lakhs
Standalone (as of September 30, 2026)
- Total Assets: ₹98,391.48 lakhs
- Non-current assets: ₹70,994.38 lakhs
- Current assets: ₹27,397.10 lakhs
- Total Equity: ₹51,823.03 lakhs
- Paid-up equity share capital: ₹1,326.34 lakhs
- Other equity: ₹50,496.69 lakhs
- Total Liabilities: ₹46,568.45 lakhs
Cash Flow Statements
Consolidated Half Year Ended September 30, 2026
- Net cash from operating activities: ₹41,492.76 lakhs
- Net cash used in investing activities: ₹(34,292.93) lakhs
- Net cash used in financing activities: ₹(8,781.49) lakhs
- Net decrease in cash: ₹(1,581.66) lakhs
Standalone Half Year Ended September 30, 2026
- Net cash from operating activities: ₹3,424.31 lakhs
- Net cash from investing activities: ₹6,620.26 lakhs
- Net cash used in financing activities: ₹(7,919.33) lakhs
- Net increase in cash: ₹2,125.24 lakhs
Significant Events and Transactions
Acquisition of Value First Middle East
- On July 28, 2026, Karix Mobile FZLLC (step-down subsidiary) acquired 100% of Value First Middle East FZC and its three subsidiaries
- Total consideration: ₹16,327.73 lakhs (₹1,200.00 lakhs cash + ₹15,127.73 lakhs assumption of liabilities)
- Acquisition effective from August 1, 2026
- Provisional purchase price allocation: Net identified intangible assets ₹7,261.67 lakhs, Goodwill ₹9,066.06 lakhs
- Financial results for Q1 FY26 not included for these entities, making comparative figures not directly comparable
ESOP Allotments
- 52,965 equity shares allotted/transferred to employees during the quarter
- 16,665 equity shares allotted under Tanla Platforms Limited RSU Plan 2021
- 36,300 equity shares transferred by TPL ESOP Trust under TPL Stock Options Scheme 2024
- Paid-up equity share capital increased to ₹1,326.34 lakhs
- TPL ESOP Trust shareholding decreased from 6,19,600 to 5,83,300 equity shares
Tax Matter
- Received order under Sections 201(1) and 201(1A) of Income Tax Act on March 31, 2026
- Demand of ₹4,690.23 lakhs (tax + interest) for non-deduction of withholding taxes on Karix Mobile acquisition
- Company filed appeal within prescribed timelines
- Paid ₹8.89 crore (20% of demand) under protest on July 4, 2026, fully indemnified by seller
- Management expects favorable outcome based on independent tax consultant opinion
Segment Information
- The Group operates in a single segment: CPaaS (Communications Platform as a Service)
Auditor Review
- Limited review conducted by M S K A & Associates LLP (ICAI Firm Registration No.105047W/W101187)
- Review performed under SRE 2410 and SEBI Regulation 33(8)
- No material misstatements identified in the financial results