Telecom Services company Tejas Networks announced Q1FY25 results: Net Revenue: Rs 1,563 crore as compared to Rs 188 crore in Q1FY24 PBT: Rs 122 crore as compared to Rs (66) crore in Q1FY24 PAT: Rs 77 crore as compared to Rs (26) crore in Q1FY24 Anand Athreya, Managing Director and CEO of Tejas Networks said, "In Q1FY25 we significantly scaled up our wireless manufacturing capacity and deliveries, leading to approximately 27,000 sites shipped cumulatively. In this quarter we also made releases for new radios in additional 4G bands, for production in Q2. Our wireline business was mainly driven by shipments to our run-rate customers for GPON and DWDM equipment, both in India and globally. We also won strategic deals with an operator in the US for network modernization, and a leading operator in SE Asia for broadband rollout." Sumit Dhingra, CFO said, "In Q1FY25 we continued our strong QoQ and YoY growth with a revenue of 1,563 crore. We ended the quarter with an order book of Rs. 7,091 crore and a net profit of Rs. 77 crore. We continue to increase investments in R&D; and operations which is important for long term growth and value creation. The merger of Saankhya Labs with Tejas is in an advanced stage and the NCLT has reserved the matter for orders." Result PDF