Tejas Networks Shares Plunge 12% as Q4 Revenue Collapses 88%

Shares of Tejas Networks, a Tata Group-owned telecom equipment company, fell sharply today, hitting a 52-week low amid disappointing quarterly results. On the BSE, the stock dropped over 12%, opening at ₹395.70 and trading at ₹369.30 by 11:25 AM. The previous session had closed at ₹416.70.

The company reported a massive revenue decline in the October–December 2025 quarter, posting ₹307 crore, down 88% from ₹2,642 crore in Q4 FY24. This revenue shortfall contributed to a loss of ₹196.55 crore, marking the second consecutive quarterly loss for the company. In comparison, Tejas Networks had earned a profit of ₹165.67 crore in the same quarter last year.

Reasons Behind the Sharp Decline
The steep fall in revenue is partly attributed to delayed purchase orders from BSNL, one of its key clients. Despite the setback, the company remains a major supplier of network routers in India, including for the BSNL 4G rollout under the CDOT–TCS consortium. About 85% of Tejas Networks’ Q4 revenue came from the domestic market, with the remaining 15% from international sales. The company reported having ₹2,363 crore in inventory and ₹537 crore in cash at the end of December 2025.

Future Prospects
Tejas Networks continues to secure contracts for private 5G deployment, including in ports and mining sectors. Additionally, the company has been selected as the 5G radio network supplier for a segment of the Delhi–Mumbai railway corridor under the Kavach pilot project. The stock’s 52-week high remains ₹1,150, recorded last year on January 20.

Despite the current downturn, the company is positioning itself strategically in emerging 5G markets and infrastructure projects, aiming to recover lost ground in the coming quarters.