Tejas Networks consolidated net profit declines 56.67% in the March 2018 quarter

Sales decline 60.00% to Rs 102.13 crore

Net profit of Tejas Networks declined 56.67% to Rs 29.07 crore in the quarter ended March 2018 as against Rs 67.09 crore during the previous quarter ended March 2017. Sales declined 60.00% to Rs 102.13 crore in the quarter ended March 2018 as against Rs 255.34 crore during the previous quarter ended March 2017.

For the full year,net profit rose 14.56% to Rs 106.52 crore in the year ended March 2018 as against Rs 92.98 crore during the previous year ended March 2017. Sales declined 14.27% to Rs 749.80 crore in the year ended March 2018 as against Rs 874.63 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales102.13255.34 -60 749.80874.63 -14 OPM %10.5218.50 -20.3918.72 - PBDT19.2540.44 -52 167.31140.58 19 PBT7.4224.56 -70 106.0484.16 26 NP29.0767.09 -57 106.5292.98 15

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