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Tejas Networks reports consolidated net loss of Rs 26.29 crore in Q1

22 Jul 2023 Evaluate

Tejas Networks has reported results for first quarter ended June 30, 2023 (Q1FY24). 

The company has reported net loss at Rs 14.65 crore for the quarter under review as compared to net loss of Rs 6.68 crore for the same quarter in the previous year. However, total income of the company increased by 29.30% at Rs 186.61 crore for Q1FY24 as compared Rs 144.32 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported net loss at Rs 26.29 crore for the quarter ended June 30, 2023 as compared to net loss of Rs 6.64 crore for the same quarter in the previous year. However, total income of the company increased by 43.56% at Rs 207.37 crore for Q1FY24 as compared Rs 144.45 crore for the corresponding quarter previous year.


Peers
Company Name CMP
Black Box 827.00
ITI 256.35
Tejas Networks 524.00
Quadrant Televenture 0.86
Valiant Communicatns 1433.00
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