Tejas in the News

The stock of Tejas Networks (TNL) scaled new highs and touched Rs472 (up 11%) on BSE after the company announced that it has successfully completed supply and deployment of over 40,000 GPON equipment for BharatNet Phase-I Project.

The Board of Directors of Tejas Networks Limited at their meeting held on Friday, January 19, 2018 at Bangalore, has inter alia considered and approved a list of things.

Net profit of Tejas Networks rose 342.88% to Rs 32.33 crore in the quarter ended December 2017 as against Rs 7.30 crore during the previous quarter ended December 2016.

Tejas Networks saw a muted set of earnings in Q3 with no fireworks. Margins improved as cost of materials fell while there was a slight uptick in revenue. In an interview to CNBC-TV18, Sanjay Nayak spoke about the results and his outlook for the company.

Tejas Networks Ltd has allotted 2,17,245 Equity Shares of the Company on February 05, 2018 pursuant to exercise of Stock Options by eligible employees under the respective Stock Option Plans.