The Hindu Business Line : Tanla revenue, profit up in Q3

Tanla Solutions Ltd, has registered total income of Rs 124.03 crore and profit of Rs 43.26 crore for the third quarter ended December 31, 2007 as against income of Rs 56.74 crore and profit of Rs 23.03 crore for the corresponding quarter last year. The Chairman and Managing Director of Tanla, Mr Uday Reddy, in a statement said that the company performance reflected that it has consolidated its presence in premium aggregation services and mobile applications. The company added new accounts and is experiencing demand from different verticals. During the quarter, the company signed messaging and billing agreements with Airtel, BSNL, Idea, Reliance and Vodafone and ventured into Spain and South Africa as part of global geographical expansion plan through mobile messaging and payments partners. The company expects to commission its US platform for services delivery in February.-Our Bureau

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