Tejas Networks has reported results for first quarter ended June 30, 2017.
The company has reported net profit of Rs 20.20 crore for the quarter under review, as against a net loss of Rs 1.37 crore for the same quarter of the previous year. The total income of the company increased by 51.08% at Rs 222.28 crore for Q1FY18 as compared Rs 147.13 crore for the corresponding quarter previous year.
On consolidate basis, the company has reported net profit of Rs 20.44 crore for the quarter ended June 30, 2017, as against a net loss of Rs 1.76 crore for the corresponding quarter in the FY17. Total consolidated income of the company increased by 49.29% at Rs 223.81 crore for quarter under review as compared to Rs 149.92 crore for the same quarter in the previous year.
