Tanla Platforms

Tanla Platforms share price rose 13% after reporting Q3 results, with a net profit increase of 10.8% to ₹ 131.3 crore. Revenue climbed 12.1% to ₹ 1,121 crore, and EBITDA grew 16.9% to ₹ 190.5 crore, marking a strong quarter for the company.

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The buyback will be conducted at a price of ₹ 875 per share, which is 33 per cent premium over the previous closing price of ₹ 657.15 on the National Stock Exchange (NSE).

Tanla Platforms' shares rose 7.6% to ₹ 707 after a buyback proposal worth ₹ 175 crore was approved. The company plans to repurchase 20 lakh shares at ₹ 875 each, a 33% premium from the previous closing price. The buyback will be proportionate among shareholders.

Tanla Platforms' shares dropped over 4% on June 16, 2025, as investors awaited a board meeting to discuss a share buyback proposal. Despite recent gains, the stock remains 41% below its 52-week high. This would be the company's third buyback in five years.