Q2 revenue rises, profit slips; Tanla declares Rs 6 interim dividend
TANLA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 7.2 pts less than Nifty Microcap 250 and 6.2 pts less than its Software Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Consolidated Q2 revenue rose 7.8% year on year to Rs 1,078.48 crore, but net profit fell 4.0% to Rs 125.05 crore. Half-year revenue rose 5.8% to Rs 2,119.13 crore, while profit fell 10.3% to Rs 243.45 crore. EBITDA margin narrowed to 17.3% from 18.6%. Standalone Q2 revenue and profit fell to Rs 169.28 crore and Rs 3.14 crore. A Rs 6 interim dividend has October 27 as the record date.
The dividend may support sentiment, but lower profit and weak standalone results show earnings and margin pressure, which could weigh on the stock.