Categories AlphaGraphs, Earnings, Technology

Tejas Networks Ltd Q1FY24; 49% rise in Revenue

Tejas Networks Ltd is a global R&D-driven telecom equipment company headquartered in India. It designs, develops and manufactures high-performance optical and data networking products that are used by telecom service providers, utilities, government and defense networks.

Financial Results:

Tejas Networks Ltd reported Revenues for Q1FY24 of ₹188.00 Crores up from ₹126.00 Crore year on year, a rise of 49.21%.

Total Expenses for Q1FY24 of ₹273.00 Crores up from ₹157.00 Crores year on year, a rise of 73.89%.

Consolidated Net Profit of -₹26.00 Crores from -₹7.00 Crores in the same quarter of the previous year.

The Earnings per Share is -₹1.55, from -₹0.44 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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