Tejas Networks shares tumbled over 8% to a 52-week low following the Tata Group company's reported Q3 loss of Rs 196.55 crore

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Tejas Networks shares tumbled over 8% to a 52-week low following the Tata Group company's reported Q3 loss of Rs 196.55 crore

The stock is down by 74 per cent from its all-time high of Rs 1,459.80 per share.

Tejas Networks Ltd, a Tata Group company and global provider of high-performance wireline and wireless networking products, reported its Q3 FY26 financial results with a net revenue of Rs 307 crore. Despite the current quarter's loss of Rs 197 crore (PAT), the company continues to expand its footprint across 75 countries, serving telecom providers, Defence and government entities. COO Arnob Roy highlighted that revenue was primarily driven by wireline product sales to Indian and international clients, while the company remains engaged in multiple field trials for its wireless portfolio, with commercial negotiations expected to be finalised in the near future.

Operationally, Tejas Networks achieved significant milestones during the quarter, notably winning 7 out of 12 announced packages for Bharatnet Phase-III as a leading supplier of IP/MPLS routers. The company was also selected as the 5G RAN supplier for a Kavach pilot on the Delhi-Mumbai Railway corridor and secured expansion orders for DWDM and GPON equipment from major Indian private telcos. Internationally, the firm continues to diversify its reach, securing a DWDM backbone order in Africa and a network transformation project for a power sector company in Southeast Asia.

Mr Sumit Dhingra, CFO, said, "In Q3FY26, we had a revenue of Rs 307 crore, a QoQ growth of 17 per cent. We ended the quarter with an Order Book of Rs 1,329 crore. Our net debt was Rs 3,349 crore compared to Rs 3,738 crore in Q2FY26, mainly due to lower working capital, partly offset by capex; gross debt of Rs 3,885 crore and cash of Rs 537 crore."

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About the Company

Tejas Networks Ltd designs and manufactures high-performance wireline and wireless networking products for telecommunications service providers, internet service providers, utilities, defence and government entities in over 75 countries. Tejas Networks Ltd. is a part of the Tata Group, with Panatone Finvest Ltd (a subsidiary of Tata Sons Pvt Ltd) being the majority shareholder.

On Monday, shares of a Tata Group Stock, Tejas Networks Ltd, plunged 8.93 per cent to Rs 379.50 per share from its previous close of Rs 416.70 per share. In its annual results, the company reported net sales of Rs 8,923 crore and net profit of Rs 447 crore. The company boasts a significant market capitalisation of over Rs 6,500 crore, underpinned by the backing of the Tata Group. The stock is down by 74 per cent from its all-time high of Rs 1,459.80 per share. As of December 31, 2025, the company's order book stands at Rs 1,329 crore.

Disclaimer: The article is for informational purposes only and not investment advice.