Tanla records YoY revenue growth of 118.55 pc

Hyderabad, Jan 21 (UNI) Tanla Solutions Ltd, a telecommunications software and services provider with worldwide operations, today announced that it had recorded a consolidated total income of Rs 124.03 crore during the third quarter, up from Rs 56.75 crore, from the corresponding period of the previous year.

The company earned a net profit of Rs 43.27 crore, up from Rs 23.04 crore in Q3 FY 2006-07. The EBITDA margins for the concluded quarter stood at 47.62 per cent.

Tanla Solutions Chairman and MD Uday Reddy, in a statement said, ''We are satisfied with our Q3 FY 08 results and happy to notice a further increase in our market share for premium aggregation services and mobile applications.'' ''We have added new accounts this quarter and are experiencing a strong demand for our services from different vertical markets,'' he added.

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