Tanla Solutions net up 47% y-o-y

"The improved margins and revenues were largely on the back of the network aggregation business by our subsidiary Tanla Mobile, which captured a 4.5 per cent market share in the UK, as against 2.5 per cent in the corresponding quarter last year, and reduction in cost of sales by 2.37 per cent," Rohit, head (corporate affairs), Tanla Solutions, told Business Standard.

For the full year, the company recorded a net profit of Rs 163.10 crore, as against Rs 92.79 crore, up 75.77 per cent, while its revenues stood at Rs 477.17 crore, as compared with Rs 229.21 crore last year, a growth of 108.18 per cent on account  of 78 per cent revenues flowing in from Ireland, Singapore and Dubai through Tanla Mobile.