Tejas Networks announced its Q2 FY26 results with revenue of ₹262 Cr. The BSNL 4G network rollout, covering over 97,000 sites, remains a key highlight. The company launched a 64T64R massive MIMO radio and a 1.2Tbps DWDM system. The quarter closed with an order book of ₹1,204 Cr, while the net loss stood at ₹307 Cr, impacted by manufacturing provisions.
Financial Performance Overview
Tejas Networks has released its financial results for the second quarter of fiscal year 2026. The company reported a revenue of ₹262 Cr for Q2 FY26, compared to ₹2,811 Cr in Q2 FY25. The company’s revenue saw a 30% increase from the previous quarter. The reported net loss for the quarter amounted to ₹307 Cr.
Key Financial Figures
Here’s a summary of the key financial figures:
| Q2-FY26 (₹ Cr) | Q2-FY25 (₹ Cr) | H1-FY26 (₹ Cr) | H1-FY25 (₹ Cr) | |
| Net Revenue | 262 | 2,811 | 464 | 4,374 |
| PBT | (473) | 411 | (770) | 532 |
| PAT | (307) | 275 | (501) | 353 |
Key Business Highlights
A major achievement for Tejas Networks was the successful inauguration of the BSNL 4G network, covering over 97,000 sites using their 4G RAN product. Other significant developments include:
- Launching the 64T64R massive MIMO radio at the Indian Mobile Congress.
- Introducing a state-of-the-art 1.2Tbps DWDM transmission system.
- Completing the first private 5G RAN deployment under BSNL’s CNPN program.
Executive Commentary
Mr. Arnob Roy, COO of Tejas Networks, emphasized the successful BSNL 4G network launch as a key highlight. Mr. Sumit Dhingra, CFO, mentioned that the company closed the quarter with an order book of ₹1,204 Cr. The net loss was attributed to lower revenue and manufacturing provisions, including warranty and inventory obsolescence of approximately ₹190 Cr.
Source: BSE
