Stock Report

Tejas Networks Ltd Q3 FY24 consolidated loss widens to Rs. 44.87 crores



Posted On : 2024-01-19 21:30:58( TIMEZONE : IST )

Tejas Networks Ltd Q3 FY24 consolidated loss widens to Rs. 44.87 crores

Tejas Networks Limited has reported Consolidated financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 575.12 crores during the period ended December 31, 2023 as compared to Rs. 413.92 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. -44.87 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. -12.64 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. -2.64 for the period ended December 31, 2023 as compared to Rs. -0.74 for the period ended September 30, 2023.

Financials Q3 FY2024 Q2 FY2024 % Change
Total Income ₹ 575.12 crs ₹413.92 crs Up Tick / Down Tick38.94%
Net Profit ₹-44.87 crs ₹-12.64 crs Up Tick / Down Tick254.98%
EPS ₹-2.64 ₹-0.74 Up Tick / Down Tick256.76%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 575.12 crores during the period ended December 31, 2023 as compared to Rs.295.55 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.-44.87 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.-15.15 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.-2.64 for the period ended December 31, 2023 as compared to Rs.-0.99 for the period ended December 31, 2022.

Financials Q3 FY2024 Q3 FY2023 % Change
Total Income ₹ 575.12 crs ₹295.55 crs Up Tick / Down Tick94.59%
Net Profit ₹-44.87 crs ₹-15.15 crs Up Tick / Down Tick196.17%
EPS ₹-2.64 ₹-0.99 Up Tick / Down Tick166.67%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.1196.41 crores during the 9 Months period ended December 31, 2023 as compared to Rs.679.99 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.-83.80 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.-24.95 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.-4.95 for the 9 Months period ended December 31, 2023 as compared to Rs.-1.65 for the 9 Months period ended December 31, 2022.

Financials 9 Months Ended FY2024 9 Months Ended FY2023 % Change
Total Income ₹1196.41 crs ₹679.99 crs Up Tick / Down Tick75.95%
Net Profit ₹-83.80 crs ₹-24.95 crs Up Tick / Down Tick235.87%
EPS ₹-4.95 ₹-1.65 Up Tick / Down Tick200.00%

Shares of Tejas Networks Limited was last trading in BSE at Rs. 864.05 as compared to the previous close of Rs. 845.30. The total number of shares traded during the day was 25970 in over 1306 trades.

The stock hit an intraday high of Rs. 869.00 and intraday low of 846.55. The net turnover during the day was Rs. 22372928.00.

Source : Equity Bulls

Keywords

TejasNetworks Q3FY24 9MFY24 ResultUpdate