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Tejas Networks Ltd Q4FY24; 292% rise in Revenue

Incorporated in 2000,Tejas Networks Ltd designs and manufactures wireline and wireless networking products, with a focus on technology, innovation and R&D. TNL carrier-class products are used by telecom service providers, utilities, governments, and defence networks in 75+ countries. Company is currently a part of Panatone Finvest Limited (a subsidiary of Tata Sons Private Limited).

Financial Results:

Tejas Networks Ltd reported Revenues for Q4FY24 of ₹1,171.00 Crores up from ₹299.00 Crore year on year, a rise of 291.64%.

Total Expenses for Q4FY24 of ₹1,106.00 Crores up from ₹348.00 Crores year on year, a rise of 217.82%.

Consolidated Net Profit of ₹147.00 Crores from -₹11.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹8.60, from -₹0.68 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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