Tejas Networks Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 5,599.6 million compared to INR 2,745.5 million a year ago. Revenue was INR 5,751.2 million compared to INR 2,955.5 million a year ago. Net loss was INR 448.7 million compared to INR 151.5 million a year ago. Basic loss per share from continuing operations was INR 2.64 compared to INR 0.99 a year ago. Diluted loss per share from continuing operations was INR 2.64 compared to INR 0.99 a year ago.
For the nine months, sales was INR 11,438 million compared to INR 6,202.5 million a year ago. Revenue was INR 11,964.1 million compared to INR 6,799.9 million a year ago. Net loss was INR 838 million compared to INR 249.5 million a year ago. Basic loss per share from continuing operations was INR 4.95 compared to INR 1.65 a year ago. Diluted loss per share from continuing operations was INR 4.95 compared to INR 1.65 a year ago.