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Tejas Networks’ consolidated net loss narrows to Rs 11 crore in Q3

07 Feb 2023 Evaluate

Tejas Networks has reported results for third quarter ended December 31, 2022 (Q3FY23).

The company has reported net profit at Rs 5.39 crore for the quarter under review as compared to net loss of Rs 24.05 crore for the same quarter in the previous year. Total income of the company reported 2- fold jump at Rs 273.03 crore for Q3FY23 as compared to Rs 123.43 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net loss at Rs 10.88 crore for the quarter under review as compared to net loss of Rs 24.30 crore for the same quarter in the previous year. However, total income of the company reported 2- fold jump at Rs 295.55 crore for Q3FY23 as compared to Rs 123.45 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Black Box 827.50
ITI 256.55
Tejas Networks 523.85
Quadrant Televenture 0.86
Valiant Communicatns 1433.00
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