Tejas Networks Q1 FY26 Results- Rs194 Crore Loss Reported

Summary:
Tejas Networks, a leading domestic telecom equipment manufacturer, reported a consolidated loss of ₹193.87 crore in Q1 FY2025, primarily due to a significant decline in sales and delayed purchase orders. The company, which plays a key role in supplying 4G equipment to BSNL, remains optimistic about upcoming orders, especially from BharatNet Phase 3 and BSNL’s 4G expansion. 

Tejas Networks Reports Loss of ₹193.87 Crore in Q1 FY25 

In the first quarter ending June 2025, Tejas Networks posted a consolidated loss of ₹193.87 crore, a sharp reversal from the ₹77.48 crore profit it recorded in the same quarter last year. The primary cause of the loss was an 87% drop in revenue, down to ₹202 crore from ₹1,563 crore in Q1 FY2024. 

Key Reasons Behind the Q1 Loss 

• Delayed Purchase Orders: According to Tejas COO Arnob Roy, the revenue shortfall was mainly due to delays in receiving key orders, including a crucial expansion order from BSNL. 

• Lower Sales Volume: CFO Sumit Dhingra confirmed that the loss stemmed directly from reduced revenue and not from operational inefficiencies. 

🧵 Tejas Networks | Q1 FY26 Earnings Summary

📉 Revenue: ₹202 Cr
📉 Net Loss: ₹194 Cr
📦 Order Book: ₹1,241 Cr
💰 Cash: ₹545 Cr | Debt: ₹3,990 Cr
🧾 Trade Receivables: ₹4,453 Cr#TejasNetworks #Earnings #Q1FY26 pic.twitter.com/PeVwNBNEgd

— Stock aaj or kal (@stockaajorkal) July 21, 2025

Orders & Outlook for FY2025 

Despite the weak quarter, Tejas Networks reported positive forward-looking metrics: 

• Order book stood at ₹1,241 crore, up 22% quarter-over-quarter. 

• Received router orders for BharatNet Phase 3 and optical gear from private telecom operators. 

• Expects purchase order worth ₹1,526 crore for supplying RAN equipment for 18,685 BSNL 4G sites, awarded to TCS. 

Tejas Networks plays a critical role in India’s telecom self-reliance (Atmanirbhar Bharat) mission. While the Q1 loss highlights short-term volatility, the robust pipeline from government-backed projects like BSNL 4G and BharatNet signals strong medium-to-long-term prospects.