Tejas Networks announced that the 24th Annual General Meeting (AGM) of the company will be held on 28 June 2024.Powered by Capital Market - Live News

Net profit of Tejas Networks reported to Rs 146.78 crore in the quarter ended March 2024 as against net loss of Rs 11.47 crore during the previous quarter ended March 2023. Sales rose 291.06% to Rs 1170.52 crore in the quarter ended March 2024 as against Rs 299.32 crore during the previous quarter ended March 2023.For the full year,net profit reported to Rs 62.98 crore in the year ended March 2024 as against net loss of Rs 36.41 crore during the previous year ended March 2023. Sales rose 151.67% to Rs 2314.32 crore in the year ended March 2024 as against Rs 919.57 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales1170.52299.32 291 2314.32919.57 152 OPM %26.18-2.74 -11.491.53 - PBDT290.798.43 3349 282.6779.85 254 PBT232.61-27.04 LP 100.22-42.65 LP NP146.78-11.47 LP 62.98-36.41 LP Powered by Capital Market - Live News

Tejas Networks will hold a meeting of the Board of Directors of the Company on 22 April 2024.Powered by Capital Market - Live News

Tejas Networks has signed a Memorandum of Understanding (MoU) with Telecom Egypt (TE), ITIDA (Information Technology Industry Development Agency) and NTI (National Telecom Institute) to replicate its experience of implementing Bharatnet (Rural Broadband Project) and NKN (National Knowledge Network) projects in Egypt. Other broad areas of cooperation include capacity building of Egyptian engineers and technicians on state-of-the-art telecom and networking technologies, establishing local manufacturing and R&D facilities for Fiber-to-theHome (FTTH) products, and setting up technical support services in Egypt both for customers within the country as well as for the larger Africa and Middle East region. Powered by Capital Market - Live News

Tejas Networks announced that the company has won the prestigious 2023 Voice and Data Excellence award in the �Make in India� category for its state-of-the-art TJ1400 Access and Aggregation Routers. The award was conferred at the 23rd edition of Voice and Data`s Telecom Leadership Forum held in New Delhi on 21 March 2024. Powered by Capital Market - Live News