Tejas Networks Performance Analyzed

Key Points

• Revenue dropped sharply, down 88% to Rs 307 crore.
• Large losses reported, pre-tax loss of Rs 303 crore.
• Order book strong at Rs 1,329 crore for future sales.
• Debt significantly reduced, net debt to Rs 3,349 crore.
• Growing demand for wireless and wireline products internationally.
• Company focuses on innovation and R&D for network solutions.

Tejas Networks had a difficult Q3 in 2026, reporting a substantial net loss. The company’s overall financial situation changed dramatically compared to the previous year. This is a key indicator of the company’s current position and future prospects.

Specifically, the company’s revenue fell dramatically – down 88% to just Rs 307 crore. This is much lower than the Rs 2,642.24 crore they earned in the same quarter last year. This drop was mainly due to the reduced sales during the period.

Furthermore, the company also recorded a significant pre-tax loss of Rs 302.87 crore, a considerable increase from the profit before tax of Rs 211.27 crore they achieved in the previous quarter. These figures highlight the immediate challenges the company is facing.

Despite these challenges, there are some positive signs. The company secured key contracts, including work on Bharatnet Phase-III and a 5G project for the Delhi-Mumbai railway. They are also selling more products to companies around the world.

Their debt is also decreasing, with a net debt of Rs 3,349 crore, which is lower than the previous quarter’s Rs 3,738 crore. This reduction was largely due to managing their finances better, but also influenced by lower operating costs.

Looking ahead, Tejas Networks believes the market for its products is growing because more people are using data, and because new 5G networks are being built. They are actively working to expand their business into new regions like Europe and Africa.

Arnob Roy, COO of Tejas Networks, highlighted that revenue was driven by the sale of wireline products to customers in India and internationally. Field trials for their wireless products are ongoing, with commercial agreements expected soon.

Sumit Dhingra, CFO, noted a 17% QoQ revenue growth to Rs 307 crore and a strong order book of Rs 1,329 crore. He also emphasized that their debt was reduced due to better management of their finances.

Shares of Tejas Networks fell by 5.68% to close at Rs 416.70 on the BSE on January 9, 2026, reflecting investor concerns regarding the company’s performance.

“Ultimately, a strong network is essential for connecting the world, and Tejas Networks is dedicated to driving that connection forward.”