Are Tejas Networks latest results good or bad?

Tejas Networks has reported its financial results for the quarter ending March 2025, highlighting several key operational trends. The company achieved net sales of Rs 1,906.94 crore, which represents a year-on-year growth of 43.72%. This growth, however, contrasts sharply with the previous year's performance, which saw a significantly higher growth rate.
On the profitability front, Tejas Networks reported a profit before tax (PBT) of Rs -53.13 crore, indicating a decline compared to the previous year. The profit after tax (PAT) also reflected a negative outcome, standing at Rs -71.80 crore, which marks a substantial year-on-year decline. Additionally, the operating profit margin fell to 6.37%, the lowest in five quarters, suggesting a decrease in operational efficiency.

The company faced rising interest costs, with quarterly interest expenses reaching Rs 71.49 crore, which is a notable increase compared to the previous quarter. The earnings per share (EPS) decreased to Rs -4.00, indicating lower profitability and earnings for shareholders.

Overall, while Tejas Networks experienced growth in net sales, the financial performance in terms of profitability and operational efficiency has shown challenges. Furthermore, the company saw an adjustment in its evaluation during this period.