Domestic telecom gear maker Tejas Networks on Tuesday posted a consolidated loss of Rs 112.06 crore in the third quarter ended December 31, mainly on account of dip in sales.
The company had posted a profit of Rs 32.84 crore in the corresponding period a year ago.
Its total income from sales reduced to less than half at Rs 92.85 crore during the reported quarter, from Rs 193.63 crore in the corresponding quarter of 2018-19.
Shares of Tejas Networks on Tuesday closed at Rs 90.2 apiece on the BSE, up 1.23 per cent compared to the previous close.
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