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Tejas Networks reports consolidated net loss of Rs 126.53 crore in the March 2020 quarter

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Capital Market

Sales decline 80.02% to Rs 54.57 crore

Net loss of Tejas Networks reported to Rs 126.53 crore in the quarter ended March 2020 as against net profit of Rs 35.89 crore during the previous quarter ended March 2019. Sales declined 80.02% to Rs 54.57 crore in the quarter ended March 2020 as against Rs 273.13 crore during the previous quarter ended March 2019.

For the full year,net loss reported to Rs 237.12 crore in the year ended March 2020 as against net profit of Rs 147.24 crore during the previous year ended March 2019. Sales declined 56.62% to Rs 390.54 crore in the year ended March 2020 as against Rs 900.32 crore during the previous year ended March 2019.

 
ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales54.57273.13 -80 390.54900.32 -57 OPM %-216.4019.31 --22.3921.79 - PBDT-105.6454.53 PL -61.52215.90 PL PBT-126.5337.08 PL -138.57150.02 PL NP-126.5335.89 PL -237.12147.24 PL

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First Published: Apr 21 2020 | 9:52 PM IST

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