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Tejas Networks reports consolidated net loss of Rs 7 crore in Q1

26 Jul 2022 Evaluate

Tejas Networks has reported results for first quarter ended June 30, 2022.

The company has reported net loss at Rs 6.68 crore for the quarter under review as compared to net profit of Rs 7.48 crore for the same quarter in the previous year. However, total income of the company decreased by 5.33% at Rs 144.32 crore for Q1FY23 as compared Rs 152.45 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net loss at Rs 6.64 crore for the quarter under review as compared to net profit of Rs 7.55 crore for the same quarter in the previous year. However, total income of the company decreased by 5.36% at Rs 144.45 crore for Q1FY23 as compared Rs 152.63 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Black Box 809.95
ITI 254.90
Tejas Networks 520.15
Quadrant Televenture 0.86
Valiant Communicatns 1426.00
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