Steep Decline In Govt Biz Hit Q1 Revenue: Sanjay Nayak, Tejas Networks
  • WebDesk BTVI
  • Jul 25 2019

Tejas Networks reported a sharp 87 per cent drop in its consolidated net profit at Rs 6 crore in June quarter, while its revenue declined 32 per cent to Rs 157 crore. Speaking to BTVI, company's CEO & MD Sanjay Nayak, said steep decline in government business impacted revenues. He expects the government spending to pick up in the second half of FY20, and aims to increase international revenue contribution to 50 per cent. Here's more on what Nayak has to say.