Tejas Networks Limited has informed the Exchange regarding a press release dated July 14, 2025 in relation to financial results for the quarter ended June 30, 2025.
TEJASNET · price
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Awaiting price reaction for this filing.
Tejas Networks reported weak Q1 FY26 results with net revenue of Rs. 202 Cr, a sharp fall from Rs. 1,563 Cr in Q1 FY25. The company posted a net loss of Rs. 194 Cr against a profit of Rs. 77 Cr a year ago, with losses before tax of Rs. 297 Cr. Management attributed the revenue shortfall to delays in receiving purchase orders, including the BSNL expansion order. The order book stood at Rs. 1,241 Cr, up 22% sequentially, and the company expects a fresh purchase order worth Rs. 1,526 Cr for BSNL 4G RAN equipment once TCS begins the 18,685-site rollout. New partnerships were signed with Rakuten Symphony (O-RAN), Intel, and mobile handset makers for D2M chipsets.
The quarter was clearly disappointing with a steep YoY revenue drop and a return to losses, which is likely to weigh on the stock in the near term. However, the strong order book growth and the anticipated Rs. 1,526 Cr BSNL order provide a visible recovery catalyst in the coming quarters.