Tejas Networks revenue plunges 89% on delayed orders

Tejas Networks reported Q1 FY26 net revenue of INR 202 crore, down from INR 1,907 crore in Q4 FY25. The company posted a loss of INR 194 crore, wider than the previous quarter's INR 72 crore loss.

The decline stemmed from delayed purchase orders and shipment clearances for 18,000 BSNL 4G network sites, plus inventory arrival delays.

The company's order book stood at INR 1,241 crore, with an additional INR 1,526 crore expected from BSNL deployment. Tejas secured orders for an additional 18,685 BSNL 4G sites and initial private 5G deployment orders.