Tejas Networks September quarter net jumps 68% on higher data use

Operating profits grew by 61% to Rs 25.72 cr on higher demand for data service infrastructure

Higher use of internet on mobile phones helped Tejas Networks report 68 per cent jump in net profit at Rs 26.87 crore during the July-September quarter.

The Bengaluru-based telecom equipment provider posted net profit at Rs 15.99 crore on revenues of Rs 214.31 crore during the corresponding period last year.

"We continue to see strong growth led by India... driven by strong usage of mobile data as well as broadband by consumers, businesses and government. Wherever there is a shift from voice-based to data-based economies it results in a huge need for optical-based network, and that is an opportunity for