Tejas Networks releases Consolidated Quarterly Results for March 31, 2023. Tejas Networks has announced an increase in total income from Rs. 295.55 Crores as of December 31, 2022, to Rs. 320.59 Crores as of March 31, 2023. The net profit for the company has decreased from Rs. -15.15 Crores as of December 31, 2022, to Rs. -11.47 Crores as of March 31, 2023. However, the earnings per share (EPS) have improved, increasing from Rs. -0.99 on December 31, 2022, to Rs. -0.70 on March 31, 2023, according to the company’s statement.
Tejas Networks Quarterly Results (Q4 FY2023) – Quarter-over-Quarter Comparison:
Total income of the company is Rs. 320.59 Crores (March 31, 2023) vs. Rs. 295.55 Crores (December 31, 2022)
Net profit/loss: Rs. -11.47 Crores (March 31, 2023) vs. Rs. -15.15 Crores (December 31, 2022)
EPS: Rs. -0.70 (March 31, 2023) vs. Rs. -0.99 (December 31, 2022)
| Financials | Q4 FY2023 | Q3 FY2023 | % Change |
| Total Income | ₹ 320.59 Cr | ₹ 295.55 Cr | ⬆ 8.47% |
| Net Profit | ₹ -11.47 Cr | ₹ -15.15 Cr | 🡻 24.29% |
| EPS | ₹ -0.70 | ₹ -0.99 | 🡻 29.29% |
Tejas Networks Quarterly Results (Q4 FY2023) – Year-over-Year Comparison:
Total income of the company is Rs. 320.59 Crores (March 31, 2023) vs. Rs. 140.86 Crores (March 31, 2022)
Net profit/loss: Rs. -11.47 Crores (March 31, 2023) vs. Rs. -49.62Â Crores (March 31, 2022)
EPS: Rs. -0.70 (March 31, 2023) vs. Rs. -4.34 (March 31, 2022)
| Financials | Q3 FY2023 | Q3 FY2022 | % Change |
| Total Income | ₹ 320.59 Cr | ₹ 140.86 Cr | ⬆ 127.59% |
| Net Profit | ₹ -11.47 Cr | ₹ -49.62 Cr | 🡻 76.88% |
| EPS | ₹ -0.70 | ₹ -4.34 | 🡻 83.87% |
Tejas Networks Quarterly Results (Year Ended FY2023) – Year-over-Year Comparison:
Total income of the company is Rs. 1000.58 Crores (March 31, 2023) vs. Rs. 593.89 Crores (March 31, 2022)
Net profit/loss: Rs. Crores -36.41 (March 31, 2023) vs. Rs. -62.71 Crores (March 31, 2022)
EPS: Rs. -2.46 (March 31, 2023) vs. Rs. -5.97 (March 31, 2022)
| Financials | 12 Months Ended FY2023 | 12 Months Ended FY2022 | % Change |
| Total Income | ₹ 1000.58 Cr | ₹ 593.89 Cr | ⬆ 68.48% |
| Net Profit | ₹ -36.41 Cr | ₹ -62.71 Cr | 🡻 41.94% |
| EPS | ₹ -2.46 | ₹ -5.97 | 🡻 58.79% |
Tejas Networks Share Dividend Announcement / Record Date:
The dividend’s record date has not yet come
About Tejas Networks:
Tejas Networks, headquartered in India, is a company that specializes in optical, broadband, and data networking products. Its clientele includes telecom service providers, internet service providers, utilities, security agencies, and government entities in 75 countries. Tejas Networks designs, develops and markets its products to these clients.
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