Tejas Networks Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 3,959.5 million compared to INR 2,199.4 million a year ago. Revenue was INR 4,139.2 million compared to INR 2,399.9 million a year ago. Net loss was INR 126.4 million compared to INR 31.6 million a year ago. Basic loss per share from continuing operations was INR 0.74 compared to INR 0.21 a year ago. Diluted loss per share from continuing operations was INR 0.74 compared to INR 0.21 a year ago.
For the six months, sales was INR 5,838.4 million compared to INR 3,457 million a year ago. Revenue was INR 6,212.9 million compared to INR 3,844.4 million a year ago. Net loss was INR 389.3 million compared to INR 98 million a year ago. Basic loss per share from continuing operations was INR 2.3 compared to INR 0.66 a year ago. Diluted loss per share from continuing operations was INR 2.3 compared to INR 0.66 a year ago.