Tejas networks has reported results for third quarter ended December 31, 2023 (Q3FY24).
The company has reported net loss at Rs 50.58 crore for the quarter ended December 31, 2023 as compared to net profit of Rs 5.39 crore for the same quarter in the previous year. However, total income of the company reported 2- fold jump at Rs 553.55 crore for Q3FY24 as compared Rs 273.03 crore for corresponding quarter of the previous year.
On consolidated basis, the company reported net loss at Rs 44.87 crore for Q3FY24 as compared to net loss of Rs 15.15 crore for the same quarter in the previous year. However, total income of the company increased by 94.59% at Rs 575.12 crore for Q3FY24 as compared Rs 295.55 crore for corresponding quarter of the previous year.
