News Topical, Digital Desk : Shares of Tata Group company Tejas Networks Ltd. could be in focus on Thursday, April 16. The company reported weak fourth quarter (Q4 FY26) results. Net loss widened to ₹211.3 crore, compared to ₹71.8 crore in the same quarter last year. This marks the company's fifth consecutive quarter of losses.
Big drop in revenue
Tejas Networks' revenue fell 82.6% year-on-year to ₹332.7 crore, compared to ₹1,906.9 crore a year earlier. For the full fiscal year (FY26), revenue also declined by 87%. Operating earnings were down ₹118.2 crore, compared to a profit of ₹121.5 crore in the same quarter last year.
Despite weak business performance, the company reported progress in its international business. The company received its first commercial order for 4G/5G wireless products in the global market and also secured a 5G radio supply contract with NEC.
According to COO Arnob Roy, the company has also made good progress in 5G Massive MIMO and 400G/800G DWDM solutions, which holds potential for future growth.
Share Performance
The company's stock rose 1.68% to close at ₹450 on Wednesday, although it has fallen by nearly 47% in the past year. Overall, Tejas Networks' quarterly results were weak, but international orders and 5G prospects could provide a ray of hope for investors.
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