Tejas Networks has reported results for fourth quarter and year ended March 31, 2022.
The company has reported net loss at Rs 50.64 crore for the quarter under review as compared to net profit of Rs 33.41 crore for the same quarter in the previous year. Total income of the company decreased by 31.76% at Rs 139.89 crore for Q4FY22 as compared Rs 205.01 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported net loss at Rs 49.62 crore for the quarter under review as compared to net profit of Rs 33.55 crore for the same quarter in the previous year. Total income of the company decreased by 31.42% at Rs 140.86 crore for Q4FY22 as compared Rs 205.40 crore for the corresponding quarter previous year.
For the year ended March 31, 2022, the company has reported net loss at Rs 67.73 crore as compared to net profit of Rs 37.29 crore for the previous year. However, total income of the company increased by 7.84% at Rs 592.39 crore for year under review as compared to Rs 549.30 crore for year ended March 31, 2021.
For the year ended March 31, 2022, on the consolidated basis, the company has reported net loss at Rs 62.71 crore as compared to net profit of Rs 37.54 crore for the previous year. However, total income of the company increased by 5.70% at Rs 593.89 crore for year under review as compared to Rs 551.45 crore for year ended March 31, 2021.
