Tejas Networks has reported a consolidated profit of 20 crore for the April–June quarter helped by rise in demand for broadband equipment. The company had registered a loss of 1.75 crore in the same period a year ago. The company registered a 49.28 percent jump in its revenues at 223.81 crore in the reported quarter compared to 149.92 crore in the corresponding period of 2016–2017.

Tejas Network earned 60 percent of business from the government vertical and 40 percent from the private sector. Its client base includes Bharti Airtel, Idea Cellular, Reliance Jio, and Tata Communications. The company has a workforce of 610 at present and plans to add up to 100 people for research and development work and double headcount for overseas operations.


 

Smartindia

India m2m-20171102

Future generation

iot

Read Current Edition of Communications Today