Tejas Networks Share Price Falls After Q1 Results Show Sharp Losses

Market Performance

Tejas Networks' share price took a significant hit on July 15, plunging nearly 11% intraday to ₹627, before paring some losses to trade over 5.5% lower at ₹660 on the NSE around 9:45 AM.

• Intraday Low: ₹627
• Current Price: ₹660 (Down 5.5%)
• YTD Performance: Down nearly 45% since January 2025

Main News

The sharp decline in Tejas Networks' share price came after the company reported disappointing financial results for Q1 FY26, marked by a steep fall in both revenue and profitability.

The earnings report revealed a consolidated net loss of ₹193.9 Crore, compared to a net profit of ₹77.5 Crore in the same quarter last year. This reversal in performance significantly weighed on market sentiment.

Company Details

According to company officials, the Q1 performance was adversely affected by delays in purchase orders and shipment clearances, especially related to the BSNL 4G rollout. The weak topline severely impacted overall operational metrics.

Despite the challenging quarter, Tejas Networks highlighted recent order wins under BharatNet Phase 3 and from private telecom operators, which the company believes will support future revenues.

Financial Highlights

Revenue

• Q1 FY26 Revenue: ₹211 Crore
• Q1 FY25 Revenue: ₹1,563 Crore
• YoY Decline: 87%
• QoQ Decline: 89%

EBITDA

• EBITDA Loss: ₹126.6 Crore
• Previous Year EBITDA: Positive
• EBITDA Margin: -60% (down from 10.9% YoY)

Net Profit / Loss

• Q1 FY26: Net Loss of ₹193.9 crore
• Q1 FY25: Net Profit of ₹77.5 crore

Order Book

• Current Order Book: ₹1,241 Crore
• Quarter-on-Quarter Growth: 22%
• BSNL-Linked RAN Equipment Order Expected: ₹1,526 Crore (Pending confirmation, not considered as a forecast)

Summary of the Article

Tejas Networks' share price witnessed sharp declines following the release of its Q1 FY26 results, which reflected a deepening loss and a significant drop in revenue. The stock has already declined 45% in 2025 so far, and this fresh dip comes amid delays in government-led and private telecom orders.

Despite the near-term weakness, the company continues to report an increasing order book and new equipment deals, though the impact of these developments will depend on timely execution.