Brief: Tanla Platforms Sees 90 Million Rupees PAT Impact As Vodafone Idea Partnership To Not Continue

Tanla Platforms

18/08/2023 13:43

Aug 18 (Reuters) - Tanla Platforms Ltd  TNSL.NS :
    * TANLA HAD ENTERED INTO TERM SHEET WITH VODAFONE IDEA FOR
PROVISION OF PLATFORM AND FIREWALL SERVICES
    * TANLA HAD ENTERED INTO TERM SHEET WITH VODAFONE IDEA IN
NOVEMBER
2021, WHICH WAS VALID FOR TERM OF 2 YEARS
    * PARTNERSHIP WITH VODAFONE IDEA WILL NOT CONTINUE BEYOND
INITIAL
TERM
    * SEES REVENUE IMPACT OF ABOUT 170 MILLION RUPEES
    * SEES PAT IMPACT OF ABOUT 90 MILLION RUPEES ON FULL-QUARTER
BASIS
POST NOVEMBER 2023

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