Tejas Networks Limited Announces Unaudited Standalone Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2017
January 18, 2018 at 10:30 pm
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Tejas Networks Limited announced standalone consolidated unaudited the earnings results for the third quarter and nine months ended December 31, 2017. On standalone basis for the quarter, the company reported total revenue of INR 2,358.2 million as compared to INR 2,903.2 million same period last year. Profit before exceptional items and tax was INR 409.6 million as compared to INR 399.9 million same period last year. Profit before tax was INR 409.6 million as compared to INR 95.2 million same period. Profit after tax was INR 323.3 million or INR 3.39 diluted earnings per share as compared to INR 73 million or INR 1.18 diluted earnings per share same period last year.
On standalone basis for the nine months, the company reported total revenue of INR 6,806.6 million as compared to INR 6,580.2 million last year. Profit before exceptional items and tax was INR 1,011.7 million as compared to INR 499.4 million last year. Profit before tax was INR 1,011.7 million as compared to INR 194.7 million same period. Profit after tax was INR 800 million or INR 8.92 diluted earnings per share as compared to INR 172.5 million or INR 2.91 diluted earnings per share same period last year.
On consolidated basis, for the quarter the company reported total revenue of INR 2,366.7 million as compared to INR 2,908.3 million last year. Profit before exceptional items and tax was INR 387.6 million as compared to INR 453.7 million last year. Profit before tax was INR 387.6 million as compared to INR 149 million last year. Profit after tax was INR 301.4 million or INR 3.16 diluted earnings per share as compared to INR 116.6 million or INR 1.88 diluted earnings per share same period last year.
On consolidated basis, for the months the company reported total revenue of INR 6,830.8 million as compared to INR 6,669.7 million same period last year. Profit before exceptional items and tax was INR 5,844.6 million as compared to INR 6,073.7 million same period last year. Profit before tax was INR 986.2 million as compared to INR 291.3 million same period. Profit after tax was INR 774.5 million or INR 8.63 diluted earnings per share as compared to INR 258.9 million or INR 4.36 diluted earnings per share same period last year.
Tejas Networks Limited is a wireline and wireless telecom and data networking products company. The Company designs, develops and manufactures products for building high-speed communication networks that carry voice, data and video traffic from fixed line, mobile and broadband networks. The Companyâs products include xPon based fiber broadband access, converged packet optical, OTN/DWDM, carrier ethernet routing & switching and network management software. It offers TJ1400 OLT, TJ2100 ONT, TJ1400, TJ1600 Micro-OTN, TJ1600OTN/DWDM, TJ1600 Core Switch and TJ1400P-M Series. The Companyâs services include customer services, build services, managed services, consultancy services and nurture services. Its customers include telecommunications service providers, Internet service providers, web-scale Internet companies, utility companies, defense companies and government entities. The Company also exports its products to overseas territories.
TEJAS NETWORKS LIMITED 
