Tejas Networks reported a Rs 196.55 crore loss in Q2, impacted by an 88% revenue drop and a significant BSNL order deferral. Despite a large inventory, the company secured private 5G wins and PLI incentives, signaling future growth potential amidst current financial challenges.
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs