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Tejas Networks reports 71% fall in Q2 consolidated net profit

25 Oct 2022 Evaluate

Tejas Networks has reported results for second quarter ended September 30, 2022.

The company has reported over 2- fold jump in its net profit at Rs 9.26 crore for the quarter under review as compared to Rs 3.48 crore for the same quarter in the previous year. Total income of the company increased by 27.48% at Rs 225.15 crore for Q2FY23 as compared Rs 176.62 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported fall of 70.77% in its net profit at Rs 1.07 crore for the quarter under review as compared to Rs 3.66 crore for the same quarter in the previous year. However, total income of the company increased by 35.63% at Rs 239.99 crore for Q2FY23 as compared Rs 176.95 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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