Tejas Networks reports 23% rise in Q4 consolidated net profit | | Udaipur News | Udaipur Latest News | udaipur local news । Udaipur Updates
Home / BUSINESS / Tejas Networks reports 23% rise in Q4 consolidated net profit

Tejas Networks reports 23% rise in Q4 consolidated net profit

Mumbai : Tejas Networks has reported results for the fourth quarter and year ended March 31, 2019. The company has reported a rise of 32.33% in its net profit at Rs 35.86 crore for the quarter ended March 31, 2019 as compared to Rs 27.12 crore for the same quarter in the previous year. Total income of the company reported over 2-fold jump at Rs 278.88 crore for quarter under review as compared to Rs 107.63 crore for the quarter ended March 31, 2018.

On consolidated basis, the company has reported rise of 23.46% in its net profit at Rs 35.89 crore for the quarter ended March 31, 2019 as compared to Rs 29.07 crore for the corresponding quarter in the FY18. Total consolidated income of the company reported over 2-fold jump at Rs 280.00 crore for quarter under review as compared to Rs 112.19 crore for the same quarter ended previous year.

For the year ended March 31, 2019, the company has posted a rise of 36.94% in its net profit at Rs 146.69 crore as compared to Rs 107.12 crore for the previous year. Total income of company increased 18.06% at Rs 930.67 crore for year under review as compared to Rs 788.29 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has posted rise of 38.23% in its net profit at Rs 147.24 crore as compared to Rs 106.52 crore for the previous year. Total income of company increased by 17.82% at Rs 937.01 crore for year under review as compared to Rs 795.27 crore for year ended March 31, 2018.

Please share this news