Tejas Networks Q1 Results Live : Tejas Networks declared their Q1 results on 19 Jul, 2024. The topline increased by 731.75% & the profit came at ₹77.48cr. It is noteworthy that Tejas Networks had declared a loss of ₹26.29cr in the previous fiscal year same period.
Compared to the previous quarter, the revenue grew by 17.78%. The Selling, general & administrative expenses declined by 11.54% q-o-q & increased by 28.17% Y-o-Y.
The operating income was down by 33.52% q-o-q & increased by 304.59% Y-o-Y. The EPS is ₹4.44 for Q1 which increased by 384.62% Y-o-Y.
Tejas Networks has delivered 4.58% return in the last 1 week, 69.46% return in the last 6 months, and 65.34% YTD return.
Currently, Tejas Networks has a market cap of ₹24589.21 Cr and 52wk high/low of ₹1495 & ₹651.25 respectively.
As of 21 Jul, 2024, out of 1 analyst covering the company, 1 analyst has given a Strong Buy rating. The consensus recommendation as of 21 Jul, 2024, was to Strong Buy.
Tejas Networks Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 1562.77 | 1326.88 | +17.78% | 187.89 | +731.75% |
| Selling/ General/ Admin Expenses Total | 95.86 | 108.36 | -11.54% | 74.79 | +28.17% |
| Depreciation/ Amortization | 64.95 | 58.18 | +11.64% | 34.42 | +88.7% |
| Total Operating Expense | 1397.69 | 1078.56 | +29.59% | 268.58 | +420.4% |
| Operating Income | 165.08 | 248.32 | -33.52% | -80.69 | +304.59% |
| Net Income Before Taxes | 121.55 | 232.61 | -47.75% | -65.88 | +284.5% |
| Net Income | 77.48 | 146.78 | -47.21% | -26.29 | +394.71% |
| Diluted Normalized EPS | 4.44 | 8.61 | -48.43% | -1.56 | +384.62% |