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Incorporated in 2000,Tejas Networks Ltd designs and manufactures wireline and wireless networking products, with a focus on technology, innovation and R&D. TNL carrier-class products are used by telecom service providers, utilities, governments, and defence networks in 75+ countries. Company is currently a part of Panatone Finvest Limited (a subsidiary of Tata Sons Private Limited).
ICRA Limited has assigned a [ICRA]A1+ rating to Tejas Networks Limited's Commercial Paper programme totaling ₹500 Cr. This new rating signifies a very strong degree of safety regarding timely payment for the short-term instrument, providing clarity for investors.
Tejas Networks Limited reported consolidated financial results, revealing a total revenue of ₹6,000 crore, reflecting significant growth attributed to increased demand, market expansion, and operational improvements. This marks a substantial year-over-year increase, driven by a robust order pipeline and strategic initiatives that enhanced operational capabilities. Net profit for the period...