Tejas Networks Standalone September 2021 Net Sales at Rs 172.53 crore, up 57% Y-o-Y
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Q2FY22 Quarterly Result Announced for Tejas Networks Ltd.
Highlights: Q2 revenue was Rs. 172.8 crore and Net profit was Rs. 3.7 crore For Q2-FY22, consolidated net revenue was Rs. 172.8 crore, which was a YoY increase of 61.8%, resulting in a profit before tax of Rs. 3.3 crore as compared to Rs. 4.5 crore, for corresponding previous period. Profit after tax was Rs. 3.7 crore as compared to Rs. 4.5 crore for corresponding previous period. For the half year ended September 30, 2021, net revenue was Rs. 317 crore, which was a YoY increase of 72.1%, resulting in a profit after tax of Rs. 11.2 crore, as compared to a loss of Rs.5.2 crore for corresponding previous period. During the quarter, Tejas Networks received a strategic investment of Rs. 837.5 crore towards preferential allotment of shares and warrants, from Panatone Finvest Limited (a subsidiary of Tata Sons Private Limited). Mr. Sanjay Nayak, Managing Director and CEO of Tejas Networks said, “We continue to see positive growth momentum in our business. With strong bookings of Rs. 258 crore during the quarter, our order book increased to Rs. 783 crores. However, during the quarter our revenues as well as margins were adversely impacted because of the ongoing global semiconductor component shortage, due to which we are facing challenges in the form of longer lead times and increase in our component costs. Government of India has launched various supportive policies for promoting “designed and made in India” telecom products and we are pleased that our application for the Performance Linked Incentive (PLI) scheme has been approved.” Mr. Venkatesh Gadiyar, CFO said, “During the quarter, we improved our collections and reduced our DSO as well as working capital, despite continuing to proactively invest in inventory to secure long-lead time components. As on September 30, 2021 our cash and cash equivalents, including investment in liquid mutual funds and deposits with financial institutions, increased to Rs. 1,195 crores and we continue to be a debt-free Company. With our healthy cash reserves, we are in a strong position to invest for our business growth”. Result PDF21-10-2021
Earnings Call for Q2FY22 of Tejas Networks
Conference Call with Tejas Networks Ltd. Management and Analysts on Q2FY22 Performance and Outlook. Listen to the full earnings transcript.20-10-2021
Tejas Networks Ltd - 540595 - Announcement under Regulation 30 (LODR)-Investor Presentation
Earnings Call Presentation- Q2 FY 2220-10-2021
Tejas Networks Ltd - 540595 - Board Meeting - October 20, 2021
Board Meeting - October 20, 202120-10-2021
Tejas Networks Ltd - 540595 - Board Meeting Outcome for Board Meeting Held On October 20, 2021
Board Meeting held on October 20, 202120-10-2021
Tejas Networks Ltd - 540595 - Intimation Of Conference Call
Intimation of Conference Call13-10-2021
Tejas Networks Ltd - 540595 - Shareholding for the Period Ended September 30, 2021
Tejas Networks Ltd has submitted to BSE the Shareholding Pattern for the Period Ended September 30, 2021. For more details, kindly Click here12-10-2021
Tejas Networks Ltd - 540595 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
We submit herewith the confirmation certificate received from M/s. Link Intime India Private Limited, Registrar and Share Transfer Agent (RTA) of our Company as per Regulation 74 (5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2021.11-10-2021
Tejas Networks Ltd - 540595 - Updates on Open Offer
Kotak Mahindra Capital Company Ltd ("Manager to the Offer") has submitted to BSE a copy of Offer Opening Public Announcement under Regulation 18(7) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended ("SEBI (SAST) Regulation") and Corrigendum to the Detailed Public Statement for the attention of the eligible shareholders of Tejas Networks Ltd ("Target Company").08-10-2021