Tejas Networks announced its Q3 FY26 results. The company reported revenue of ₹307 Cr. The company’s COO, Arnob Roy, mentioned revenue was largely driven by Wireline products to India Pvt and International customers. The company ended the quarter with an order book of ₹1,329 Cr, according to CFO Sumit Dhingra.
Financial Performance
Tejas Networks reported its financial results for the third quarter ended December 31, 2025. Key financial figures include:
- Net Revenue: ₹307 Cr
- PBT: ₹(303) Cr
- PAT: ₹(197) Cr
For the nine-month period, the figures are:
- Net Revenue: ₹771 Cr
- PBT: ₹(1,073) Cr
- PAT: ₹(698) Cr
Management Commentary
Arnob Roy, COO of Tejas Networks, stated, “In Q3 FY26, our revenue was driven largely by the sale of Wireline products to India Pvt and International customers. During the quarter we engaged in multiple field trials for our Wireless products in India and International markets; commercial negotiations are expected to close in the coming months.”
Order Book and Debt
Sumit Dhingra, CFO, mentioned, “In Q3 FY26 we had a revenue of ₹307 Cr, a QoQ growth of 17%. We ended the quarter with an order book of ₹1,329 Cr. Our net debt was 3,349 Cr compared to 3,738 Cr in Q2FY26 mainly due to lower working capital, partly offset by capex; gross debt of 3,885 Cr and cash of 537 Cr.”
Key Highlights
- Won additional packages for Bharatnet, becoming a leading supplier of IP/MPLS Routers for Bharatnet Phase-III.
- Selected as the 5G RAN supplier on a section of the Delhi-Mumbai railway corridor for a Kavach pilot.
- Received expansion orders for DWDM and GPON OLT equipment from leading private telcos in India.
- Won a DWDM backbone buildout order from a broadband ISP in Africa and a network transformation application for MPLS-TP products for a power sector company in SE Asia.
Source: BSE
