TEJASNETNSETejas Networks LimitedHighNeutral
Announced Fri, 9 Jan · 18:28 IST

Tejas Networks Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.

Revenue DeclinePat NegativeResults View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Tejas Networks reported a sharp deterioration in Q3 FY26 standalone performance, with revenue from operations collapsing to Rs. 305.72 crore from Rs. 2,642.05 crore in the year-ago quarter. The company swung to a loss after tax of Rs. 196.89 crore in Q3 FY26, compared to a profit of Rs. 165.42 crore in Q3 FY25. For the nine months ended December 31, 2025, revenue fell to Rs. 769.02 crore (from Rs. 7,014.22 crore) and the company posted a loss after tax of Rs. 697.97 crore versus a profit of Rs. 512.67 crore a year earlier. Diluted EPS for the quarter was negative Rs. 11.11. Notes flag a Rs. 145.43 crore inventory write-down charge in Q2 FY26 linked to contract manufacturing process losses and design changes, a Rs. 9.85 crore gratuity provision tied to new Labour Codes, and warranty provisions of Rs. 24.35 crore this quarter. Price Waterhouse issued an unmodified limited review report.

Likely market impact

Shareholders should expect a negative market reaction given the steep revenue contraction and a swing from profit to large losses, suggesting significant order execution or demand issues. The mix of inventory write-downs, warranty provisions and rising employee costs points to operational stress that may weigh on the stock in the near term.